Portfolio Construction and Investment
Portfolio construction is a critical component of the investment management process. The theory and practice of constructing portfolios has evolved considerably since the 1950s when Harry Markowitz introduced Modern Portfolio Theory. On this page, we explore the latest trends in portfolio construction encompassing both fundamental and systematic investment strategies. Asset allocation, diversification, benchmarking, investment risk, and new tools and asset classes are among the core subjects.
Financial Analyst Journal
Safe Equities: An Alternative Allocation to Bonds
By Stephen Penman, and Julie Zhu
Enterprising Investor
The Endowment Syndrome: Why Elite Funds Are Falling Behind
By Richard M. Ennis, CFA
Enterprising Investor
Escaping the Benchmark Trap: A Guide for Smarter Investing
By Pim van Vliet, PhD
Video
Conversations with Frank Fabozzi, CFA, Featuring Jason Hsu
Financial Analysts Journal
The Importance of Joining Lifecycle Models with Mean-Variance Optimization
By Paul D. Kaplan, CFA, and Thomas M Idzorek, CFA
Research Foundation
Beyond Active and Passive Investing: The Customization of Finance
By Marc R. Reinganum, and Kenneth A. Blay
Podcast
David Blanchett, CFA: The Role of Commodities in Portfolio Allocation
Podcast