RT Journal Article SR Electronic T1 Practical Applications of Risk-versus Trend-Driven Global Tactical Asset Allocation JF Practical Applications FD Institutional Investor Journals SP 1 OP 4 DO 10.3905/pa.2014.2.2.081 VO 2 IS 2 A1 Benoit Guilleminot A1 Jean-Jacques Ohana A1 Steve Ohana A1 Joanna Wrighton YR 2014 UL https://pm-research.com/content/2/2/1.13.abstract 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