Post-modern portfolio theory uses downside risk to refine portfolio optimization. Learn how PMPT offers an alternative to modern portfolio theory for risk-adjusted returns.

The capital asset pricing model may not be dead, but Arun Muralidhar is digging its grave. “If I can't kill it today, I'm going to stab it enough times that it stumbles out of the room,” Mr.

I have previously written about the importance of system-level investing for managing systemic risks. In essence, this involves an investor considering the negative externalities being created by its ...

Investing can often feel like navigating a maze of endless options and ever-shifting market conditions. This is where the Modern Portfolio Theory (MPT) comes in, offering a roadmap for making smarter ...

Detecting the real drivers of equity risk today starts with a critical look at traditional portfolio theory. Trading trends in recent years have rattled risk concepts. The retail trading fervor stoked ...

EDITOR’S NOTE: Modern portfolio theory (MPT) was first defined by Harry Markowitz with his paper, “Portfolio Selection,” which appeared in the 1952 Journal of Finance. While MPT and management began ...

Shifting the Efficient Frontier: Why Actively Managed ETFs Should Replace Low-Beta Illiquid Asset Classes In today’s evolving investment landscape, financial advisors face the challenge of optimizing ...

March of the Machines notes that computers have been used in portfolio management since 1975, when Vanguard created the first index fund. Rather than debating the benefits of passive versus active ...

Portfolio management analytics gives advisors real visibility into portfolio performance, risk, and costs. Instead of piecing together data from multiple systems, you get a single dashboard that shows ...

(Bloomberg) — Harry Markowitz, a Nobel Prize-winning economist who redefined money management by showing that diversification could reduce investment risk while maximizing returns, has died. He was 95 ...