We discuss when and why custom multi-factor risk models are warranted and give source code for computing some risk … factors. Pension/mutual funds do not require customization but standardization. However, using standardized risk models in … quant trading with much shorter holding horizons is suboptimal: (1) longer horizon risk factors (value, growth, etc …

investment and hence should not be undertaken by “rational, risk-neutral” investors. However, real world considerations such as … the journal on left tail or downside tail risk hedging to “upside” hedging, whose importance has become increasingly …