This paper provides an application of the Black–Litterman methodology to portfolio management
in a global setting. The novel feature of this paper relative to the extant literature on …

This study investigates interactions between energy funds and the oil market and examines
the influence of environmental, social, and governance (ESG) criteria in dynamic responses …

Investing decisions driven by normal human behavior can have a devastating impact upon
long term wealth accumulation. Individual investors, and sometimes even professional fund …

A methodology for decomposing the below-mean semivariance into systematic and unsystematic
components is introduced. The decomposition of variance and semivariance of asset …

Sixty-month rolling correlations indicate a trend toward higher correlations across all three
pairings, with each pair having its lowest correlation in 60-month periods ending in 1996 or …

• The investment horizon of investors is critical in establishing proper asset allocations. This
article uses semivariance and standard deviation as risk measures in determining the …

We investigate if constructed portfolios of ADRs from six countries provide a useful vehicle
for international diversification in the Markowitz sense for US investors and if those …

… Stevens suggested that barnacles and bryozoans might be best for this purpose. … The
contribution of L. M. Stevens to this paper comes from his M.Sc. research undertaken as part of the …

The negative impact of emotion-driven investing upon long-term wealth can be devastating.
This article examines the benefits of portfolio rebalancing to help investors achieve their …

Robert looked down the list of job descriptions. All but two were out of the question. Either
he had no training, or they involved work that definitely was beneath him (not that he would …