We introduce a framework for strategic asset allocation with alternative investments. Our
framework uses a quantifiable risk preference parameter, λ, instead of a utility function. We …

We study the portfolio choice problem for an asset-liability investor who invests in stocks,
equity mutual funds, government bonds, short term interest, hedge funds, listed real estate …

The purpose of this publication is to introduce basic financial planning concepts and
highlight their use in creating a retirement savings plan. These tools may help young …

The subject of the study is to evaluate the contribution of strategic asset allocation to the
variability of Moroccan pension funds performance. The aim of the paper is to identify the …

The goal of this paper is to determine whether managers of Croatian mandatory pension
funds have displayed investment skill on a risk-adjusted basis during the 2005-2014 period …

Most monthly return distributions of alternative assets are in general not normally distributed.
Further, some have biases (eg survivor ship bias) that distort the risk-return profile. For that …

This chapter introduces a framework for strategic asset allocation using alternative
investments along with traditional investments. The approach accounts for time series …

Sažetak This paper analyses Croatian mandatory pension funds' investment returns during
the 2005-2014 period using performance attribution methodology. Results from active …

For Australians, the $325 billion not-for-profit industry superannuation funds are a popular
retirement saving option. To achieve their investment objectives, industry funds commonly …

Recently there has been a growing demand for alternative assets. Low yield and expected
return environment in traditional assets and appealing performance of the alternative …