Abstract
<h3>Practical Applications Summary</h3> In <b>Should the Interest Rate Level Influence Asset Allocation?</b>, published in the Summer 2018 issue of the <b>Journal of Investing</b>, authors <b>Gerald Garvey</b> of <b>BlackRock</b> and <b>Konark Saxena</b> of <b>University of New South Wales</b> demonstrate that interest rate levels are a relevant consideration from an asset allocation perspective. Excess returns on stocks versus the risk-free rate are higher in a low-rate environment, even as the level of risk for investing in equities during such a period is actually lower. <b>TOPICS:</b>Legal/regulatory/public policy, portfolio construction
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Paper version not known
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
