1/28/2011

Risk Management + Asset Allocation

We discuss our 2011 outlook for a broad range of asset classes. For portfolios using a broad range of asset classes, WCM builds its asset allocation through a process of quantifying expected returns for each asset class. We attempt to rebalance the portfolio to the target allocation at least quarterly.

7/1/2009

The Break Down of Modern Portfolio Theory

Over the years, with the growth in computer power and better data on sector returns, MPT has become an entrenched part of the business of investment management. To date, consultants, investment advisors and brokerage firms have invested hundreds of millions of dollars in software and databases to generate impressive looking reports for clients describing their asset allocation, performance measurement and their standard deviation of performance relative to their performance benchmark.

6/1/2009

Portfolio Management and The History of Risk

Investment managers, fiduciaries, and clients need to re-examine asset allocation and risk measurement in order to better execute a process of effective risk management of their portfolios. This article is the first in a series which are intended to place the concept of investment risk in its appropriate historical context and then to propose alternatives to current accepted risk measures which have recently been demonstrated to be insufficient.