Portfolio insurance allows investors to recover, at maturity, a given percentage of their initial capital. This limits downside risk in falling markets and allows some participation in rising markets. Therefore, these properties prove the importance of such portfolio strategies. The two standard...

Risk-based allocation strategies, also known as Smart Beta allocation, define the weights of assets in portfolios as functions of the individual and common asset risk. In this paper we focus on the Minimum Variance (MV), Maximum Diversification (MD), Equal Risk Contribution (ERC) and...

In this article we extend the research on risk-based asset allocation strategies by exploring how using an SRI universe impacts the properties of risk-based portfolios. We focus on four risk-based asset allocation strategies: the Equally Weighted (EW), the Most Diversified Portfolio (MDP), the...

This paper examines whether the initiation of Vigeo Corporate Social Performance (CSP) rating impacts company profiles. Using a sample of European listed firms, we confirm that there is a positive and significant relationship between CSP rating and a firm's liquidity and investor base....