Newell, Graeme - University of Western Sydney; College of Business; … - 2006
traditional defensive characteristics (i.e. low risk) and portfolio diversification benefits of LPTs being retained or enhanced in … 1996-2006, the changing risk profile of LPTs is assessed. Since 2003, while the "expectation" was for higher LPT risk … levels, there has been no evidence of increased levels of LPT risk, particularly in the international LPT and stapled …