PT - JOURNAL ARTICLE AU - Benoit Guilleminot AU - Jean-Jacques Ohana AU - Steve Ohana ED - Wrighton, Joanna TI - Practical Applications of <em>Risk-versus Trend-Driven Global Tactical Asset Allocation</em> AID - 10.3905/pa.2014.2.2.081 DP - 2014 Oct 31 TA - Practical Applications PG - 1--4 VI - 2 IP - 2 4099 - https://pm-research.com/content/2/2/1.13.short 4100 - https://pm-research.com/content/2/2/1.13.full AB - Risk-versus Trend-Driven Global Tactical Asset Allocation Benoit Guilleminot Jean-Jacques Ohana Steve Ohana Institutional investors who seek protection during bearish market environments should balance risk-based with trend-driven GTAA strategies, advises Benoit Guilleminot in this report. Guilleminot, Director of Research and Innovation at Riskelia , co-wrote Risk- Versus Trend-Driven Global Tactical Asset Allocation for The Journal of Portfolio Management . His co-authors are Jean-Jacques Ohana, President and Co-Founder of Riskelia, and Steve Ohana , Professor of Finance at ESCP Europe in Paris. They compared the performance of risk- and trend-driven investment strategies on equities, commodities and bonds between 1993 and 2012.“The relative weight of a trend-driven strategy should be increased during a major crisis, but when there is no real crisis investors should keep more diversification with a risk-driven strategy,” says Guilleminot.TOPICS: Financial crises and financial market history, portfolio construction, volatility measures