Jerome Booth argues that 80% of financial theory is not fit for purposes and describes how investors in the developed world cannot afford to ignore emerging markets.
Jerome Booth argues that 80% of financial theory is not fit for purpose and describes how investors in the developed world cannot afford to ignore emerging markets. Proper asset allocation requires a strategic view about macro-economic forces, like funds flows, and geopolitical factors rather than traditional optimization models.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.