@article {Ziemba1, author = {William T. Ziemba}, editor = {Goyal, Gauri}, title = {Practical Applications of Is the 60{\textendash}40 Stock{\textendash}Bond Pension Fund Rule Wise?}, volume = {1}, number = {2}, pages = {1--2}, year = {2013}, doi = {10.3905/pa.2013.1.2.017}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Is the 60{\textendash}40 Stock{\textendash}Bond Pension Fund Rule Wise? William T. Ziemba While pension funds have long tracked the 60{\textendash}40 stock{\textendash}bond rule as a low-risk investment strategy, it significantly underperforms US presidential-party-based election strategies.This Practical Applications report delves into an alternative suggestion revealed in Is the 60{\textendash}40 Stock{\textendash}Bond Pension Fund Rule Wise?, which was published in the Winter 2013 issue of The Journal of Portfolio Management .Pension funds would do better managing asset class exposure according to political parties and election cycles, maintains author William Ziemba, Alumni Professor of Financial Modeling and Stochastic Optimization (Emeritus) at the University of British Columbia , Vancouver, and President of William T. Ziemba Investment Management .His article builds on earlier research that used asset class return data from 1928 to 1997 by incorporating new data for the latter part of Clinton{\textquoteright}s second term, the Bush years and half of Obama{\textquoteright}s first term, from 1998 to 2010.}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/1/2/1.17}, eprint = {https://pa.pm-research.com/content/1/2/1.17.full.pdf}, journal = {Practical Applications} }