The correlation between stock and bond returns plays a critical role in investor asset allocation
decisions and the effectiveness of stock-bond diversification in reducing portfolio risk. …

As smart beta investments in institutional portfolios have grown—along with the additional
complexity introduced by multifactor approaches—there is an emerging need for guidance on …

… DOPFEL is a managing director and senior strategist in the Client Advisory Group at
Barclays Global Investors in San Francisco, CA. fred.dopfel@barclaysglobal.com …

… DOPFEL is a managing director and senior strategist with the Client Advisory Group at
Barclays Global Investors in San Francisco. fred.dopfel@barclaysglobal.com …

Fundamental indexing is a strategy for investing that deliberately ignores security market
prices and instead weights securities proportional to fundamental measures of size such as …

… Dopfel explores is the potential downside of North and South portfolios and the investors
that are more likely to outperform the average global investor over the long run. …

… In this article, Dopfel attributes the recently experienced, surprisingly wide dispersion of
investment returns to the presence of economic and financial market regimes—both good and …

… Dopfel … DOPFEL is a managing director and senior strategist with the Client Advisory Group
at … be ignored even if they are hard to forecast (see Dopfel [2003]). The super CML is the limit …

… Dopfel, “Fixed-Income Style Analysis and Optimal Manager Structure,” Journal of Fixed …
For application of these approaches to the fixed income asset class, see Dopfel, “Fixed-Income …

The conventional application of market value criteria for selection of investment projects is
founded on viewing a project as an ordinary, traded asset in a perfectly competitive and …