A new blueprint for diversification

The total portfolio approach

Geopolitical developments, fiscal policies, market moves, and new technologies have defined 2025 so far, forcing investors to look for new ways to reduce risk through diversification. What is the appropriate method for creating sufficient diversification? Find novel answers to this question below.

Balancing Act: Building Resilient Portfolios in a Changing Landscape (PIMCO)

A balanced, diversified allocation is one of the simplest ways to overcome natural biases and successfully navigate volatile markets.

Rethinking Diversification: Learnings from a Total Portfolio Approach (PGIM)

The Total Portfolio Approach is garnering attention in a world where investors are looking to protect their capital and generate good returns.

All-Weatherproofing Institutional Portfolios with PC (Apogem Capital)

This paper explores how certain strategies focused on the LMM can potentially offer complementary and differentiated exposure to private credit for investors.

Emergency Savings, Financial Well-Being, and Financial Stress (Vanguard)

For compliance reasons, this paper is only accessible in the United States

Emergency savings are a cornerstone of sound financial planning. During periods of financial stress, they are crucial for investors.

Can Modern Portfolio Theory Still Teach Us Any Lessons Today? (Alpha Architect)

Modern Portfolio Theory has long served as a foundational framework for asset allocation and portfolio construction. Is a new framework on the horizon?

Diversification - Unlocking Value in Publicly Traded Equity (Fisher Investments)

For compliance reasons, this paper is only accessible in certain geographies

Public equity can complement private equity allocations by providing transparency, liquidity and real time valuation insights

The Great Diversification Is Underway (Amundi)

For compliance reasons, this paper is NOT accessible in the United States

There is a diversification trend going on across asset classes and geographies, the authors of this paper argue.

The (Uncertain) Payoff from Alternative Investments (Aswath Damodaran)

Have alternatives delivered on their risk-adjusted returns promises? It’s time to look at the data and try and provide an answer.

Rethinking Risk Management (ViewRight Advisors)

Many studies suggest that missing just a handful of the market’s best days can drastically reduce long-term returns.

Asset Allocation under Shifting Correlations (Sungkyunkwan University)

Asset allocation relies on the idea that correlations between asset classes guide sound portfolio design. Yet these correlations shift with the business cycle.