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 …

Corporate bond returns in the major developed economies increase with risk, as measured by maturity and ratings. From a …

During times of market turmoil, investors often seek to mitigate the risk associated with traditional investment assets … such as equities and debt. The hedging, safe-haven and downside risk reduction properties of gold are examined in this … is shown to reduce portfolio downside risk in the short-term but may actually contribute to increased long horizon …

This chapter encapsulates the most recent findings on sovereign wealth fund (SWF) investment activity globally. The key …, SWF allocation strategies, their recent investment behavior and its likely evolution in the foreseeable future …

more so, multi-asset multi-factors significantly expand the investment opportunity set relative to a traditional multi …-asset universe. Seeking to exploit this potential, we put forward an innovative diversified risk parity strategy that is designed to …