The volatility effect revisited

D Blitz, P Van Vliet, G Baltussen - The Journal of Portfolio …, 2019 - jpm.pm-research.com
High-risk stocks do not have higher returns than low-risk stocks in all major stock markets.
This article provides a comprehensive overview of this low-risk effect, from the earliest asset …

Emerging Market Bonds: Expected Returns and Currency Impact.

GS Konstantinov - Journal of Portfolio Management, 2022 - search.ebscohost.com
Optimizing in local currency or in currency-adjusted expected returns depends on the
portfolio base currency. Currency unhedged portfolios are more suitable for EUR-based …