Fixed-income portfolios have performed as well, if not better, than the U.S. stock market in the past five decades, while exhibiting similar or higher levels of volatility, according to new research by Wharton’s Jules H. van Binsbergen.
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How Fixed-income Portfolios Match or Beat Stocks in the Long Run
Fixed-income portfolios have performed as well, if not better, than the U.S. stock market in the past five decades, while exhibiting similar or higher levels of volatility, according to new research by Wharton’s Jules H. van Binsbergen.
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The High Cost of Returns: Should Retailers Rethink Their Policies?
Easy returns are great for shoppers, but they are becoming a bigger financial liability for stores. New research co-authored by Wharton’s Thomas S. Robertson explains why it’s time for retailers to rethink their liberal return policies.
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Why CLOs Will Not Cause the Next Financial Crisis
Collateralized loan obligations (CLOs) are increasingly viewed as a major threat to the U.S. financial system. However, “the recent hysteria around CLOs is misplaced,” write Wharton’s Michael R. Roberts and Michael Schwert.
Knowledge@Wharton Partners