...Giovanni Walter Puopolo Purpose The purpose of this paper is to investigate the effect of default risk and transaction costs on the investor’s asset allocation and the liquidity premium. More precisely, it aims at answering the following question: can default risk generate a first-order effect...

...Dr Monzurul Hoque; Michael D Mattei; Nicholas Mattei Purpose – Over the years a number of tactical, dynamic and strategic approaches for asset allocation have been developed to improve the objectivity of portfolio management. One of the most popular approaches is to annually rebalance a portfolio...

...James A. Sundali; Gregory R. Stone; Federico L. Guerrero Purpose The purpose of this paper is to conduct a controlled experiment to examine the effect of goal setting and affect framed feedback on repeated asset allocation investment decisions. Design/methodology/approach The design...

... at: erik.wallerstein@gmail.com © Emerald Group Publishing Limited 2012 Hedge fund replication Asset allocation Performance attribution Hedging Economic conditions In previous years, it was hoped that hedge fund replication products would be for hedge fund investments akin to what index funds...