independent of the risk characteristics of the investment options: the first and last investment options presented tend to receive …The aim of this study was to understand the potential effects of different information disclosures regarding risk on … retirement investing behavior. The authors developed and tested two modifications to the section on investment performance on the …

Using a news-based index of geopolitical risk (GPR), we document a strong negative relationship between firm …-level corporate investment and GPR. When the GPR index doubles, investment rate in the next quarter declines by 14% of its sample mean …. The effect is more pronounced for firms with more irreversible investment or higher market power, confirming the real …

Risk taking is an important topic in Africa, as access to financial institutions and social security is scarce. Data on … risk attitudes in Africa is limited and the available data collected might not be reliable. We investigate the determinants … of risk attitudes and the reliability of survey data in a sub-Saharan country, like Burkina Faso. Using a large …

valuations? And if countercyclical investment (with both market-stabilizing and return-generating properties) is a public and …-agent frictions; (iv) calibrate risk management to minimize long-term shortfall risk (not short-term price volatility); and (v) ensure …

The purpose of the transparency on the risk profile of non-equity investment products is to allow investors to take … informed investment decisions. In an international framework characterized by an increasing globalization of markets and a … immediately comprehensible to investors and defined in relation to robust and objective quantitative metrics. The result is a risk …

Risk-based portfolio strategies - such as Minimum Variance, Maximum Diversification, Equally-Weighted and Risk Parity …, to name the most famous - have become increasingly popular in the investment industry due to their return-agnostic and … risk management features. In this paper, we show that these portfolio construction methodologies are special cases of a …

Risk-based investment solutions are seen as incorporating no views. In this article, we propose an analytical framework … that allows the introduction of explicit active views on expected asset returns in risk-based solutions. Starting from a … Black-Litterman approach, we derive closed-form formulas for the weights of the active risk-based portfolio, and identify …