Can Strategic Asset Allocations Adapt to Markets? Investors in strategic asset allocation models aren’t immune to market drawdowns. This paper shows a path for potentially changing this experience…
This paper investigates models of illiquidity and summarizes their salient conclusions. The illiquidity premium can be partially explained by transaction costs and investment horizons. Patient…
Callan develops capital market projections to help clients with their long-term strategic planning. This year, we increased our fixed income assumptions to reflect higher starting yields compared to…
