Summary
This study revisits asset allocation strategies that aim at actively managing the volatility of multi-asset-class portfolios in response to time-varying volatility forecasts.
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After a period of extreme volatility during 2020, Dr Michael Stamos and Dr Thomas Zimmerer from the Allianz Global Investors Multi Asset team published their thoughts on active risk management in the well-regarded Journal of Portfolio Management. Our Multi Asset team’s 80 portfolio construction and asset allocation experts have used these and other insights to manage the risks of large diversified portfolios since 1997.
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Summary
Rising prices for goods and services are one of the biggest risks for investors in conventional government bonds. But there are ways for active managers to generate positive returns from rising – and falling – inflation.
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