PT - JOURNAL ARTICLE AU - Robert Benson AU - Timothy Furbush AU - Christopher Goolgasian TI - Targeting Volatility: <em>A Tail Risk Solution When Investors Behave Badly</em> AID - 10.3905/jii.2014.4.4.088 DP - 2014 Feb 28 TA - The Journal of Index Investing PG - 88--101 VI - 4 IP - 4 4099 - https://pm-research.com/content/4/4/88.short 4100 - https://pm-research.com/content/4/4/88.full AB - A target volatility equity strategy has provided superior risk-adjusted return and limited downside risk compared with a U.S. equity benchmark. We examine the range of implementation decisions for such a strategy as well as the drivers of strategy performance.TOPICS: Analysis of individual factors/risk premia, equity portfolio management, volatility measures