Recent revelations on the use of fiduciary services by the wealthy and political leaders raise concerns regarding the … use of such services for tax and creditor evasion. Yet given the secrecy shrouding much of the fiduciary industry, we do … not know which fiduciary services are used for such purposes and to what extent. Shining a light on a particularly obscure …

In the context of modern portfolio theory, we compare the out-of-sample performance of 8 investment strategies which …