PT  - JOURNAL ARTICLE
AU  - K. Stuart Peskin
TI  - Practical Applications of Evaluating Multi-Asset Strategies
AID  - 10.3905/pa.6.1.267
DP  - 2018 Jul 31
TA  - Practical Applications
PG  - 1--4
VI  - 6
IP  - 1
4099  - https://pm-research.com/content/6/1/1.1.short
4100  - https://pm-research.com/content/6/1/1.1.full
AB  - In Evaluating Multi-Asset Strategies, published in the in the special multi-asset-class issue of The Journal of Portfolio Management, Stuart Peskin of Aberdeen Standard Investments in Boston discusses the weaknesses of correlation as a measure of portfolio diversification and explores other methods for measuring and assessing diversification. He identifies five techniques, three with a historical focus and two that apply predictive modeling.Peskin explains that Arberdeen’s multi-asset-class strategy seeks to generate above-market returns by focusing on higher-risk asset classes over a medium-term investment outlook. He analyzes the efficacy of the strategy’s diversification using the techniques described and concludes that the strategy achieves the desired results.TOPIC: Portfolio construction