Browsing Student papers by Author "Zhang, Lian Zhang"
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How bond risk affects risk parity portfolios
Shi, Qingqi; Zhang, Lian Zhang (Master thesis, 2020)We document the performance of risk parity portfolios (RPP) of U.S. equities and government bonds over more than fty years of daily and monthly data. RPP's strong outperformance compared to 60/40 portfolios has to some ...