Investment Insight
Risk Parity and Inflation
Unlike traditional allocation, there are two aspects of a Risk Parity portfolio that aim to defend against inflation risk and generate real ...
Research
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.
Our distinguished academic advisors contribute thought leadership and valued outside perspective on economic, market and theoretical research to PanAgora’s Investment Committee.
Amir Amel-Zadeh
Saïd Business School
University of Oxford
Amir’s research examines the economic effects of financial and non-financial reporting …
Search Publications
Journal Publication
Rewarding Fundamentals
Our interest is measurement of (and insight into) the value of accurate earning forecasting. Over time, what are the typical payoffs for ...
Investment Insight
Risk Parity™ Portfolios: The Next Generation
In this paper, we will review the original research insight and rationale for PanAgora Risk Parity Portfolios and then describe how we ...
Journal Publication
Active Equity Management for the Future
This article considers the future of active equity strategies. The scope of the analysis includes equity managers that hold publicly-traded securities and ...
Investment Insight
Risk Parity™ Portfolios: The Original
Many plan sponsors allocate their pension assets to a portfolio of 60/40 global stocks and bonds. More sophisticated plans use variations of a 60/40 ...
Journal Publication
Global Value Investing Delivers Diversification: A Multi-Strategy Perspective
In this article the authors examine our findings about the importance of diversification in a multi-strategy for which all the individual strategies ...
Journal Publication
Information Horizon, Portfolio Turnover, and Optimal Alpha Models
We propose an analytic framework for integrating alpha models with portfolio turnover. In practice, many alpha models are not constructed in such ...
Journal Publication
Aspects of Constrained Long-Short Equity Portfolios
Institutional investors today increasingly look for sources of consistent alpha in the quest for higher risk-adjusted returns. In the case of equity ...
Journal Publication
On the Financial Interpretation of Risk Contribution: Risk Budgets do Add Up
Due to a lack of clear financial interpretation, there are lingering questions in the financial industry regarding the concepts of risk contribution. ...