Continuous-Time Asset Pricing Theory Page 1 Springer Finance Textbook Robert A. Jarrow
Continuous-Time Asset Pricing Theory A Martingale-Based Approach Second Edition Page 2 …

Diversification is famously referred to as the only “free lunch” in investing, but it has been
under assault since the 2007–2009 global financial crisis, when virtually all longonly asset …

For various organizational reasons, large investors typically split their portfolio decision into
two stages-asset allocation and stock selection. We hypothesise that mean-variance models …

Purpose–The purpose of this paper is to examine the performance of Chinese mutual funds
during the period of January 2000 to July 2013. Emerging market funds provide investors …

Diversification often disappears when you need it most. Consider this. From January 1970 to
February 2008, when both the US and World ex-US stock markets—as represented by …

Purpose The purpose of this paper is to examine the performance of US mutual funds that
invest primarily in emerging market equities and bonds. Design/methodology/approach The …

Strategic asset allocation is arguably one of the most important, yet least advanced, aspects
of investing. The authors present a new approach to strategic asset allocation that leverages …

Purpose The purpose of this paper is to examine socially responsible investment (SRI) fund
performance and investigate the factors influencing fund performance. Design/methodology …

Stock price fluctuations affect investor returns, particularly, in this pandemic situation that has
triggered stock market shocks. As a result of this situation, investors prefer to move their …

This paper derives a generalized multiple-factor asset pricing model using only the
assumptions of the existence of an equivalent martingale measure, frictionless, and …