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…
Lazard Asset Management reviews growth, value, sentiment, quality, and risk factor returns across multiple equity markets for the month of January 2019.
