Introducing a Comprehensive Allocation Framework for Goals-Based Wealth Management

Romain Deguest, Lionel Martellini, Vincent Milhau, Anil Suri, Hungjen Wang: This publication introduces a new conceptual framework to better achieve individual investors’ goals.

Author(s):

Romain Deguest

Senior Research Engineer at EDHEC-Risk Institute.

Lionel Martellini

Professor of Finance at EDHEC Business School and Scientific Director of EDHEC-Risk Institute.

Vincent Milhau

Deputy Scientific Director of EDHEC-Risk Institute.

Anil Suri

Managing Director and Head of Portfolio Construction & Investment Analytics at Merrill Lynch Wealth Management.

Hungjen Wang

Director in the Investment Analytics group at Merrill Lynch Wealth Management.

Any investment process should start with a thorough understanding of the investor problem. Individual investors do not need investment products with alleged superior performance; they need investment solutions that can help them meet their goals subject to prevailing dollar and risk budget constraints. In this new publication, EDHEC-Risk Institute develops a general operational framework that can be used by financial advisors to allow individual investors to optimally allocate to categories of risks they face across all life stages and wealth segments so as to achieve personally meaningful financial goals. This research was conducted with the support of Merrill Lynch Wealth Management as part of EDHEC-Risk Institute’s research chair on a “Risk Allocation Framework for Goal-Driven Investing Strategies.”

Pdf
Introducing a Comprehensive Allocation Framework for Goals-Based Wealth Manageme...
(-1.00 B)
Type: EDHEC Publication
Date: le 09/11/2015
Extra information :

For more information, please contact EDHEC Research and Development Department [ research@drd.edhec.edu ]

Research Cluster : Finance

See Also

AGORA MEETS BERTRAND BADIE, POLITICAL SCIENTIST AND INTERNATIONAL RELATIONS SPECIALIST
News
- 21-10-2021
Agora students held another 'Rencontre de l'Agora' event on Wednesday 19 October, this...
Eiffel Excellence Scholarship: the most prestigious French scholarship you can get
News
- 21-10-2021
Mikhail Miroshnichenko joined EDHEC MiM Finance after his Bachelor’s degree in...
EDHEC-Auchan Learning Partnership: Retail industry transformations at the heart of EDHEC International BBA learning
News
- 20-10-2021
Auchan is joining forces with EDHEC to share its retail industry expertise with EDHEC...
The FIR-PRI Awards “Finance & Sustainability” prize for “best pedagogical innovation”: preparing future generations to fight climate change.
News
- 18-10-2021
At EDHEC, we want to take part in the fight against climate change. Through our...