Instead of following blindly historical data, investors can integrate subjective views. This is mostly justified in case of market anomalies, but dangerous in panic situations.
Category: Portfolio Management
Au lieu de se baser uniquement sur des données historiques, il est possible d’intégrer les vues subjectives de l’investisseur, aujourd’hui souvent sur la base de modèles économétriques ou de Machine Learning
A factor approach can lead to excessive transaction costs, increasing liquidity risk or entering complex derivative transactions.
Categories
Factor investing: Theory
Factors are investment characteristics and investors expect premia through exposure to the corresponding risks
Risk Parity aims at designing a long-term and robust portfolio with minimal maintenance
Risky money should provide you with (erratic) growth and safe money will limit the overall short-term changes of your wealth
The mean–variance model is the foundation for making asset allocation decisions for long-term horizon
The understanding of your financial situation and long-term objectives (leading to the preparation of a long-term investment plan) constitutes the cornerstone of your financial future. This first step will define all your other investment decisions.
Investing in Swiss equities? The answer is yes for investors willing to gain an exposure to Swiss equities and their home currency, the Swiss franc. However, it is strongly influenced by the three largest companies: Nestlé, Novartis and Roche together account for more than half of the market value.
Exposure to the renminbi and the Chinese economy is to be desired (this century will be dominated economically by Asia/China and exposure to Asia/China is necessary), so the crucial question remains: what is the best way to achieve this.
Guide Finances 