Passive investment of capital will not serve to meet return goals for many pension funds, a
reality that is fueling huge interest in new alpha activities. Alpha strategies appear to offer …

Second, there is concern that risk budgeting is simply a new faddish name, just as behavioral
finance has been embraced as a new marketing spin for old approaches. Third, there are …

The notion of bartering or swapping one item for another is as old as time. Currency and
interest rate swaps, on the other hand, only had their geneses in 1981 and 1982 respectively. …

… Ron Layard-Liesching of Pareto Partners first suggested that we might like each other, and
then added that we should meet anyway. Over the years, plenty of individuals have given …

Endogenous retroviruses (ERVs) occupy extensive regions of the human genome. Although
many of these retroviral elements have lost their ability to replicate, those whose insertion …

… I am also extremely grateful to Ronald Layard-Liesching of Pareto Partners, London, for
many references and some interesting and fruitful discussions. Thank you also to the …

The growth of international participation in stock markets around the world has been
characterized as" a twentieth century phenomenon that threatens to change the face of world …