The correlation between stock and bond returns is a cornerstone of asset allocation
decisions. History reveals abrupt regime shifts in correlation after long periods of relative …

We document several aspects of New Zealand's long-term equity returns over the 156 years
from 1867 to 2022. Remaining invested in the market has been an effective strategy …

We diversify an investment portfolio across macroeconomic factors that are mimicked by
investable asset classes and style factors. Using a century of global data we analyze the …

In this article, we extend the Proportion Portfolio Insurance (PPI) strategy by a life-cycle
adjusted multiplier to adapt to the scenario of multi-period investment with continuous cash …

I conduct an exploratory study about the feasibility of factor timing in the Chinese stock
market, covering 24 representative and well‐identified risk factors in 10 categories from the …

What should investors do in the presence of economic regimes? Researchers and
practitioners usually address this topic from a tactical asset allocation point of view. In this …

This paper analyses the key macroeconomic repercussions of the global pandemic and
geopolitical crisis in terms of growing recessionary and inflationary pressures, and finally …

Inflatie is een belangrijk thema voor beleggers. Een veel voorkomende vraag is dan ook wat
de impact van inflatie op beleggingsrendementen is. Uit psychologische studies weten we …