Despite the sharp equity-market sell off in March 2020, due to concerns about the boisterous spread of the Coronavirus Disease (COVID-19), the frenzy of stock trading in U.S. equities over the past twelve months is showing no signs of abating. Recent academic research suggests that, among...

Risk budgeting models set risk diversification as objective in portfolio allocation and are mainly promoted from the asset management industry. Albina Unger examines the portfolios based on different risk measures in several aspects from the academic perspective (Utility, Performance, Risk,...