This article introduces a new approach for dealing with the diversification/concentration risk of fixed income assets …

diversification within our proposed framework. …

In this article, we investigate the validity of diversification effect under extreme-value copulas, when the marginal … to our results, one can take advantages from the diversification effect for marginal risks with finite mean. This …

diversification against the benefits in terms of the standard deviation of the returns. Suppose a safety first investor cares about …

the benefits of portfolio diversification for downside risk in case returns are normally distributed with the case of fat …

reduction is diversification; however, evidence for the effectiveness of diversification remains inconclusive. According to … diversification and synchronization compensation. This study introduces “desynchronicity”, a process that operationalizes … 332 firms (from COMPUSTAT) were used to empirically test the relationships between diversification and risk, and …

We provide an axiomatic foundation for the measurement of correlation diversification in a one-period portfolio model …. We propose a set of eight desirable axioms for this class of diversification measures. We name the measures satisfying … these axioms coherent correlation diversification measures. We study the compatibility of our axioms with rank …

huge losses for financial institutions. Diversification ratio (DR) measures the degree of diversification using the Value … effect of diversification for extreme risks. In this paper, we empirically examine the DR strategy by using more than 350 S … comparison includes annualized portfolio return, modified Sharpe ratio, maximum drawdown, portfolio concentration, portfolio …