CFA Institute Pubs

A Factor Approach to Asset Allocation


Listen Later

The authors contend that an additional set of global market factors can be used to further diversify a global portfolio's risk exposure. Global portfolios are formed based on exposures to fundamental factor characteristics of markets within asset classes. The authors illustrate the use of such a factor-based framework to provide diversification benefits but note that changing factor exposures over time can cause implementation difficulties.
...more
View all episodesView all episodes
Download on the App Store

CFA Institute PubsBy