This paper investigates how the nature of risk changes as investment horizon lengthens, and what it means for investors … equities, bonds and cash may vary with horizon is also discussed, including highlighting why fixed income may not be a low risk …

The risk conscious investor is defined as the maximizer of a conservative valuation or dynamically a nonlinear …

Valuation-based market timing demonstrates strong potential to improve risk-adjusted returns for conservative long … percent stocks buy-and-hold strategy but with substantially less risk. Meanwhile, market timing provides comparable risks and … fairly consistently provides risk-adjusted returns superior to a fixed asset allocation strategy …

Making financial decisions under risk and uncertainty has become part of everyday life. Traditional finance explores … the objective side of risk, analysing the decisions made by perfectly rational individuals in efficient market conditions …. The paper presents the risk component of financial and investment decisions from behaviour finance view point. In addition …

stressing the asymmetric sensitivity between losses then gains. Consequently, downside risk measure such as VaR and CVaR were … proposed as an indicator sensitive to the pertinent risk of financial investment. However this measures are indifferent to … extrema events risk. Based on the newly proposed riskiness index by Aumann and Serrano (2008), we construct the PROFIT Index …

Using a news-based index of geopolitical risk (GPR), we document a strong negative relationship between firm …

We study how investments that require long-term financial commitments are affected by undiversifiable, uninsurable risk … in the economic environment in the context of investor preferences characterized by decreasing absolute risk aversion and … risk aversion, this leads to an endogenous discounting of long-term projects. High perceived risk in the economic …

investment and expected returns. In imperfectly competitive industries, a firm's exposure to systematic risk is jointly affected …

The concept of enterprise risk management will be examined in the context of multi-strategy hedge funds and fund of … hedge funds. This paper seeks to demonstrate that risk at these organizations has to be considered holistically and not in …