The Risk Parity Conundrum: Rising Interest Rates and Rising Returns
In this paper, we seek to demystify the relationship between rising interest rates and a properly constructed Risk Parity portfolio by making ...
PanAgora’s experts are committed to providing innovative research through theory and practice. We invite current and prospective clients, as well as consultants, to benefit from the fruits of our theory and practice through our quantitative investing research.
In this paper, we seek to demystify the relationship between rising interest rates and a properly constructed Risk Parity portfolio by making ...
In this article, Dr. Edward Qian, PanAgora’s Chief Investment Officer and Head of Multi Asset Research, highlights the different challenges facing ...
This piece addresses the expectations for Risk Parity performance in periods of market dislocation or stress. Risk Parity – a portfolio construction approach, ...
Since the Great Recession of 2007 and the subsequent financial crisis of 2008, global financial markets have entered into unchartered territory characterized by extreme ...
We have written about the reasons for both low treasury yields and the negative correlation between the U.S. Treasuries and equities, ...
Portfolio rebalancing is essential for harvesting diversification return. A portfolio composed of a single security (the extreme case of non-diversification) requires no ...
Every financial crisis gives rise to its own catch phrases and acronyms, with the crisis of 2008 being no exception. “Subprime” and “shadow ...
In this paper, the authors highlight several problems with traditional capital‐based tactical shifts and we propose an alternate approach to tactical ...
Here Dr. Edward Qian, PanAgora’s Chief Investment Officer and Head of Multi Asset Research discusses the illiquidity of high yield bonds ...