Risk Parity (eBook)
208 Seiten
John Wiley & Sons (Verlag)
978-1-119-81242-5 (ISBN)
The market volatility exacerbated by the COVID-19 pandemic has led many to question their exposure to risk in their own portfolios. But what should one do about it?
In Risk Parity: How to Invest for All Market Environments, accomplished investment consultant Alex Shahidi delivers a powerful approach to portfolio management that reduces the potential for significant capital loss while maintaining an attractive expected return.
The book focuses on allocating capital amongst four diverse asset classes: equities, commodities, Treasury bonds, and Treasury Inflation Protected Securities. You'll learn about:
* The nature of risk and why traditional approaches to risk management unnecessarily give up potential returns or inadequately protect against catastrophic market events
* Why proper risk management is more important now than ever
* How to efficiently implement a risk parity approach
Perfect for both individual and professional investors, Risk Parity is a must-have resource for anyone seeking to increase consistency in their portfolio by building a truly balanced asset allocation.
ALEX SHAHIDI is Managing Partner and Co-Chief Investment Officer at Evoke Advisors, one of the largest registered investment advisors in the United States. He has over two decades of experience as an investment advisor managing billions of dollars for institutional and ultra-high-net-worth clients. Alex is a Chartered Financial Analyst charterholder, a Certified Investment Management Analyst, and a Certified Financial Planner. Barron's magazine has repeatedly ranked him as one of the top financial advisors in the country. Alex has been interviewed on Bloomberg Television and Radio, BBC World News, and Yahoo! Finance and for articles in the Wall Street Journal, Barron's, and other major publications. He has also been featured in numerous podcasts including Capital Allocators, The Investor's Podcast, and Seeking Alpha.
Foreword ix
Preface xi
Acknowledgments xiii
About the Author xv
Introduction xvii
Chapter 1 What Is Risk Parity? 1
Chapter 2 Two Steps to Build a Well-Balanced Portfolio 11
Chapter 3 Equities 21
Chapter 4 Treasuries 35
Chapter 5 TIPS 51
Chapter 6 Commodities 63
Chapter 7 Other Asset Classes 75
Chapter 8 Risk Parity Portfolio Summary 89
Chapter 9 Risk Parity Portfolio Historical Returns 99
Chapter 10 The Timeliness of Risk Parity 115
Chapter 11 The Rebalancing Boost 129
Chapter 12 Efficient Implementation 135
Chapter 13 When Does Risk Parity Underperform? 143
Chapter 14 FAQs 155
Chapter 15 Conclusion 173
Index 175
| Erscheint lt. Verlag | 22.12.2021 |
|---|---|
| Sprache | englisch |
| Themenwelt | Recht / Steuern ► Wirtschaftsrecht |
| Wirtschaft ► Betriebswirtschaft / Management | |
| Schlagworte | Finance & Investments • Finanz- u. Anlagewesen • Finanzwesen • Investments & Securities • Kapitalanlage • Kapitalanlagen u. Wertpapiere • personal finance • Private Finanzplanung |
| ISBN-10 | 1-119-81242-9 / 1119812429 |
| ISBN-13 | 978-1-119-81242-5 / 9781119812425 |
| Haben Sie eine Frage zum Produkt? |
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