Concept
Diversification (finance)
Related publications (34)
Three Essays on Predictability and Seasonality in the Cross-Section of Stock Returns
This thesis examines predictability and seasonality in the cross-section of stock returns. The first chapter, titled ``Infrequent Rebalancing, Return Autocorrelation, and Seasonality,'' shows that a model of infrequent rebalancing can explain specific pred ...
EPFL2017The total benefit of alternative assets to pension fund portfolios
Pension funds only quite recently have explored alternative assets, prodded by financial crises that devastated equity returns and led to low bond returns. We assess the addition of alternative assets to pension fund portfolios in terms of the total benefi ...
Elsevier Science Bv2016Turnover and accumulation of genetic diversity across large time-scale cycles of isolation and connection of populations
Major climatic and geological events but also population history (secondary contacts) have generated cycles of population isolation and connection of long and short periods. Recent empirical and theoretical studies suggest that fast evolutionary processes ...
2014Incomplete information, idiosyncratic volatility and stock returns
Julien Hugonnier, Tony Berrada
When investors have incomplete information, expected returns, as measured by an econometrician, deviate from those predicted by standard asset pricing models by including a term that is the product of the stock's idiosyncratic volatility and the investors' ...
2012