Hausner, Jan Frederick; Van Vuuren, Gary - In: Journal of Economics, Finance and Administrative Science 26 (2021) 51, pp. 94-111
Purpose: Using a portfolio comprising liquid global stocks and bonds, this study aims to limit absolute risk to that of a standardised benchmark and determine whether this has a significant impact on expected return in both high volatility period (HV) and low volatility period (LV)....
