I create a tool to help investors categorize an investment in a diversifying, alternative asset class. Using standard portfolio mathematics, I obtain a precise analytical solution to the proportion of the new investment that should be considered stock-like and the proportion that should be...

The behavioral asset allocation framework developed for individual investors can help foundation and endowment trustees become more comfortable with quot;uncomfortablequot; asset classes that would help overall portfolio efficiency. Eleemosynary investment, particularly at smaller charities, is...

While socially responsible investing (SRI) is large and growing, current SRI offerings have shortcomings - including style biases, excessive expenses, tracking error and an incomplete menu of screens. We propose using factor-based models in SRI-screened investment universes to create...