Promotional Information

An introduction to, and analysis of, portfolio diversification as a tool for combining risky investments with a goal of reducing risk

Table of Contents

1. Portfolio Size, Weights and Entropy-based Diversification 2. Modern Portfolio Theory and Diversification 3. Naive Portfolio Diversification 4. Risk-budgeting and Risk-based Portfolios 5. Factor Models and Portfolio Diversification 6. Non-normal Return Distributions, Multi-period Models and Time Diversification 7. Portfolio Diversification in Practice

About the Author

François-Serge Lhabitant is the C.E.O. and C.I.O of Kedge Capital, a Professor of Finance at the EDHEC Business School, and a visiting Professor of Finance at the Hong Kong University of Science and Technology.