Factor-targeted Asset Allocation: a Reverse Optimization Approach

JSH Lee, M Salerno - Financial Analysts Journal, 2023 - Taylor & Francis
We demonstrate that using a mean-variance portfolio to obtain implied factor risk premia can
result in stable weights for a factor portfolio when assets' expected returns follow a factor …

Endowment Fund

R Abreu - Encyclopedia of Sustainable Management, 2022 - Springer
In the accounting perspective, an endowment fund is an account on the balance sheet on
the moment of its foundation that represents the own capital of the not-for-profit organization …