Resources
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- How To Incorporate Hedge Funds And Active Portfolio Management Into An Asset Allocation Framework
- Hedge funds and other actively managed strategies contain two fundamental sources of risk: Systematic risk, and Active risk. The conventional asset allocation approach employed by most plan sponsors and consultants fails to integrate these two sources of risk. This can lead to the formation of inefficient portfolios. In this article,...
- White papers 2002-06-01
Additional Resources
- Caspian offers resolution to net neutrality debate with fair use policy framework; Industry's first equitable strategy for bandwidth allocation and revenue distribution.
- M2 PRESSWIRE-11 April 2006-Caspian: Caspian offers resolution to net neutrality debate with fair use policy framework; Industry's first equitable strategy for bandwidth allocation and revenue distributionC1994-2006 M2 COMMUNICATIONS LTD RDATE:10042006 SAN JOSE, Calif. - Caspian, the leading provider of multimedia ...
- Research articles 2006-04-11
- Tactical Asset Allocation: An Alternative Definition
- The intention of this note is to emphasize the difficulties when an investor applies a myopic optimization framework in a stochastic and dynamic market environment. Moreover, to define tactical asset allocation, it does not simplify the strategic optimization problem along the time dimension. Instead, to contrast strategic asset allocation with...
- White papers 2004-03-16
- The Economics of Capital Allocation
- On the surface, capital allocation sounds contradictory to the stated purpose of insurance, which is diversifying risk. In spite of that, it is commonly used as a tool by insurers to manage their underwriting risk. This paper examines the economics underlying how insurers might use capital allocation when capital is...
- White papers 2003-04-10
- Analyzing and Managing Banking Risk : a Framework for Assessing Corporate Governance and Financial Risk Management
- This publication aims to complement existing methodologies by establishing a comprehensive framework for the assessment of banks, not only by using financial data, but also by considering corporate governance. Following an overview of bank analysis, the importance of banking supervision in the context of corporate governance is discussed. It also...
- White papers 2003-04-01
- Application of the Development Stages of a Cluster Randomized Trial to a Framework for Evaluating Complex Health Interventions
- The objective of this white paper is to assess the extent to which the various development steps of a cluster randomized trial to optimize antibiotic use in nursing homes are represented in a recently published framework for the design and evaluation of complex health interventions. A pilot study to assess...
- White papers 2002-07-11
- Reinsurance Applications for the RMK Framework
- The work by Ruhm, Mango and Kreps, known as the RMK Framework, has proven to be a great advance in the theory of risk. The RMK Framework is a way of viewing an allocation problem that focuses on the scenarios of greatest concern and the probability that those scenarios take...
- White papers 2005-04-22
- Due Diligence Framework for Government Organization Mergers
- The development of a due diligence framework before any merger work is completed is important. A framework will provide guidance to the due diligence team, set priorities, assist in resource allocation, assure the Board and Executive of the receiving organization, and set the tone for developing a transition plan. All...
- White papers 2005-09-01
- Dynamic Asset Allocation Under Inflation
- This paper develops a simple framework for analyzing the asset allocation problem of a long-horizon investor when there is inflation and only nominal assets are available for trade. The investor's optimal investment strategy is given in simple closed form using the equivalent martingale method. The investor's hedge demands depend on...
- White papers 2000-10-17
- Global Tactical Asset Allocation
- This article provides a framework for using conditioning information in the process of global asset allocation. There is considerable work documenting predictability of returns using past information variables. Many of these variables are related to the stage of the business cycle, and suggest that much of the predictability in the...
- White papers 2001-04-01
- Managers Take Your Seats
- This article discusses the ways to include hedge funds in risk allocation frameworks. It points the unique problems that occur in various investment styles and goes into detail about how to solve them. It explains the steps involved in risk allocation framework, identifying the risk exposures, optimizing the risk allocation...
- White papers 2003-10-02
- NMFS will provide interested parties an opportunity to comment on the proposed Sector Operations Plan and Supplemental Environmental Assessment prior to final approval or disapproval of the Sector Operations Plan and allocation of Georges Bank cod total a
- NMFS will provide interested parties an opportunity to comment on the proposed Sector Operations Plan and Supplemental Environmental Assessment prior to final approval or disapproval of the Sector Operations Plan and allocation of Georges Bank cod total allowable catch to the Fixed Gear Sector for fishing...
- Research articles 2008-03-17
- Caspian Offers Resolution to Net Neutrality Debate With Fair Use Policy Framework; Industry's First Equitable Strategy for Bandwidth Allocation and Revenue Distribution
- SAN JOSE, Calif. -- Caspian, the leading provider of multimedia traffic management solutions for IP and multi-protocol label switching MPLS networks, today unveiled an open Fair Use Policy Framework in an effort to resolve the many legitimate and contentious issues being raised in the escalating Net Neutrality debate. The Framework...
- Research articles 2006-04-10
- Dynamic Asset Allocation With Event Risk
- The article asserts that major events often trigger abrupt changes in stock prices and volatility. It studies the implications of jumps in prices and volatility on investment strategies. Using the event-risk framework of Duffie, Pan, and Singleton (2000), it provides analytical solutions to the optimal portfolio problem. Event risk dramatically...
- White papers 2002-08-01
- Merging Asset Allocation And Longevity Insurance: An Optimal Perspective On Payout Annuities
- This paper revisits the importance of longevity insurance—while discussing the concerns with a strategy consisting purely of fixed payout annuities—and then addresses the proper asset allocation between conventional financial assets and payout annuity products. Its focus is on maximizing a suitably defined objective function in an intuitive, comprehensible and practical...
- White papers 2003-06-01
- Asset Allocation Strategies: The Next Round
- Institutional plan sponsors have traditionally based their overall portfolio allocations on historic assumptions about expected returns for individual asset classes. These assumptions are utilized to allow plan sponsors to create investment portfolios designed to meet certain goals, whether those are ensuring that a corporate pension plan can meet beneficiary payments...
- White papers 2003-01-01
- Asset Allocation Under Imperfect Information: Closed-Form Consumption and Portfolio Choice Under Incomplete Markets
- This paper studies consumption and portfolio choice under incomplete markets and parameter uncertainty. This paper extends the literature on asset allocation by obtaining closed form solutions to the consumption and portfolio problem of an investor with incomplete information about variables, which determine the changes in the investment opportunity set and...
- White papers 2002-03-15
- How Do Regimes Affect Asset Allocation?
- International equity returns are characterized by episodes of high volatility and unusually high correlations coinciding with bear markets. This article develops models of asset returns that match these patterns and use them in asset allocation. First, the presence of regimes with different correlations and expected returns is difficult to exploit...
- White papers 2003-11-01
- Digital Technology and the Allocation of Ownership in the Music Industry
- This paper analyses the innovation process of music goods from an organizational point of view and the effects of digital technology on the allocation of property rights. The paper applies the property rights theory framework introduced by Grossman-Hart-Moore GHM to the music industry and studies the contractual relationship between artists...
- White papers 2004-01-01
- Asset Allocation in a Downside Risk Framework
- The traditional Markowitz portfolio optimization has two serious drawbacks. First, mean-variance portfolio optimization is inadequate when asset returns are skewed. Second, investor risk aversion is ignored. A more efficient measure of risk that focuses only on the deviation below a pre-specified target rate of return is defined in a generalized...
- White papers 2003-01-01
- << Previous
- page 1 of 1
- Next >>
