High-risk stocks do not have higher returns than low-risk stocks in all major stock markets.
This article provides a comprehensive overview of this low-risk effect, from the earliest asset …

It is well documented that less risky assets tend to outperform their riskier counterparts
across asset classes. This paper provides a structured summary of the current state of …

Low-volatility investing has attracted considerable interest and substantial assets since the
global financial crisis, but the concept is not new. Minimum variance, one of the most …

Despite its theoretical appeal, Markowitz mean-variance portfolio optimization is plagued by
practical issues. It is especially difficult to obtain reliable estimates of a stock's expected …

The authors offer evidence for low-risk effect from the Indian stock market using the top-500
liquid stocks listed on the National Stock Exchange (NSE) of India for the period from …

An efficient low-volatility strategy only needs a little amount of trading. The empirical
literature on low-volatility investing reveals a concave relation between the amount of …

Low-risk stocks have historically outperformed high-risk stocks, delivering better long-term
returns with less volatility. This counter-intuitive effect has persisted since 1926, violating …

Defensive strategies have been in high demand since the Global Financial Crisis. For
almost a decade, investors mainly had two traditional strategies from which to choose …

There are two approaches to achieving low-risk global equity strategies: a portfolio of low-
risk stocks and a low-risk portfolio of stocks. The authors analyze the impact of incorporating …

Die Arbeit untersucht, ob die Umsetzung von „Volatilitaetsziel “-Strategien in der
Vergangenheit erfolgreicher als herkömmliche „Kaufen-und-Halten “-Strategien gewesen …