FEATURES : RISK MANAGEMENT
Lionel Martellini, Lixia Loh, and Stoyan Stoyanov*
Stock market volatility is an important input to asset allocation and risk management. Here we examine whether local and regional volatility factors could be more effective for equity exposure to a given market than exposure to US volatility
FEATURES : FOCUS ON BOUTIQUES
Paul Mackintosh
Boutique asset managers have been among the more unexpected success stories of recent years. As a recent State Street/Economist Intelligence Unit study puts it