Unlocking Wealth: How Active Management Boosts Investor Returns Beyond Benchmarks
The article discusses how to build investment portfolios that balance the desire for higher returns with the need to limit risk. The researchers found that by carefully selecting a mix of different types of investments, investors can potentially increase their returns compared to a standard benchmark. They also discovered that the best portfolio is a combination of well-known strategies like minimizing risk and maximizing correlation. Ultimately, the goal is to help investors make more informed decisions about managing their wealth.