In this paper, we propose three key requisites for practical multi-period portfolio selection
solutions that highlight the central challenges of managing portfolios across a multiperiod …

In this article, the authors explore the benefits of strategic allocations to factor premia for long-horizon
investors. They consider single-asset-class and multi-asset-class factor premia …

Environmental, social, and governance (ESG) strategies have experienced a massive inflow
of capital over the past decade, despite investors having little concrete evidence that ESG …

ESG strategies have experienced a massive inflow of capital over the past decade despite
investors having little concrete evidence that ESG investing accomplishes its purported goals. …

This paper highlights the long run, strategic benefits of factor premia as a complement (overlay)
to an underlying exposure to equities and bonds. We provide a utility-based framework …

This chapter examines the use of commodity factors in a portfolio context, aimed at
customising a portfolio for specific clients. A critical question is whether the inclusion of a factor …

… kenneth.blay@invesco.com Kenneth Blay is head of research for global thought leadership
at Invesco. He works closely with investment teams and researchers to lead the development …

… Blay, Kenneth … 責任表示 Harry Markowitz with Kenneth A. Blay …

Assets under management in US-domiciled index funds have grown from about $55 billion
at the end of 1995 to over $12.5 trillion in 2021. Core beta indexes based on region, size, …

… series in which Markowitz and his co-writer Kenneth Blay share personal reflections and
current strategies. This first installment is written in defense of N/lodern Portfolio …