International equity returns are characterized by episodes of high volatility and unusually
high correlations coinciding with bear markets. This article provides models of asset returns …

Regime shifts present significant challenges for investors because they cause performance
to depart significantly from the ranges implied by long-term averages of means and …

This article addresses the micro‐analytic foundations of illiquidity and price dynamics in the
real estate market by integrating modern portfolio theory with models describing the real …

There is an increasing likelihood that governments of major economies will act within the
next decade to reduce greenhouse gas emissions, probably by intervening in the fossil fuel …

The objective of this paper is to investigate the notion of “doing well while doing good”
through examining the performance of Islamic, sustainability, and Islamic sustainability …

This study proposes the Markov Regime Driven Style allocation (MRDS) strategy for Shariah-
compliant portfolio construction, a forward-looking methodology that merges economic …

This study investigates both conventional and Islamic investors' problems as to whether the
inclusion of Islamic and conventional asset classes may expand the frontier of their …

An artificial neural network was trained to support a tactical asset allocation investment
strategy. The allocation strategy considers three asset classes: US stocks, bonds and money …

A green bank is a public or quasi-public institution that uses limited public capital to leverage
greater private investment in clean energy. Green banks are designed to animate private …

This study examines the responses of a survey mailed to portfolio managers for large
pension funds and insurers regarding their perceptions of the inherent risk and return of …