Journal of Portfolio Management

Article	Citations
A Practitioner Perspective on Trading and the Implementation of Investment Strategies	25
Risk in Risk Aversion	16
Shared Experience in Top Management Team and Mutual Fund Performance	14
When Is Reversal Strong? Evidence from Developed Markets	14
Stocks, Bonds, Bills, and Inflation’s Components	14
How Transitory Is Inflation?	12
Expected Stock Returns When Interest Rates Are Low	12
Personalized Inflation-Hedging Strategies	10
A Causal Analysis of the Monetary Transmission Mechanism	10
ESG Integration in Multi-Asset Portfolios: The Trade-Off Between Sustainability and Factor Stability	10
How Misunderstanding Factor Models Set Unreasonable Expectations for Smart Beta	9
When Factors Collide: Mapping Causal Spillovers across Global Asset Networks	9
Twenty Years of the Real Estate Special Issue: What Might the Next Twenty Years Bring?	8
Performance Evaluation, Factor Models, and Portfolio Strategies: Evidence from Chinese Mutual Funds	8
The AI Revolution: From Linear Regression to ChatGPT and beyond and How It All Connects to Finance	8
Interview with Ian Toner of Verus	7
Honey, the Fed Shrunk the Equity Premium: Asset Allocation in a Higher-Rate World	7
A CIO’s Perspective on ESG Investing	7
Equity Convexity under Major Monetary Policy Shift	7
webinar summary Multi-Asset Strategies Webinar	7
Interview with Gerald Garvey of Blackrock	6
Integrating Sustainability into Asset Management: Challenges and Opportunities	6
webinar summary Fixed Income Investing	6
Minimum Downside Risk Portfolios	6
Prolegomena to Any Future Monetary Policy	6

From Economics to AI: Integrating Discretionary and Quantitative Approaches in Asset Management	6
Tactical Asset Allocation, Risk Premia, and the Business Cycle: A Macro Regime Approach	5
Decomposing Countries’ Consumption in Active Portfolio Management: A Black–Litterman Application	5
Flattering or Really Understanding? Research on Stock Recommendations by Sell-Side Analysts in China	5
Editors’ Introduction to the 2022 Special Issue on Novel Risks and Sources of Volatility: Identification and Measurement Challenges for Portfolio Management	5
Better Opt Out? Revisiting the Predictive Power of Options-Implied Signals	5
Range-Based Volatility Timing	5
Increasing the Transparency of Pricing Dynamics in the US Commercial Real Estate Market with Interpretable Machine Learning Algorithms	5
When DoandWhichFama–French Factors Explain Industry Returns?	5
Comparing Methodologies for ESG Integration into Equity Factor Construction	5
Forecasting Stock Market Volatility	5
Global Equity Market Volatility during the Initial Stages of the COVID-19 Pandemic: Drivers and Policy Responses	5
Misleading Returns: How Ignoring Cash Flows Can Result in Performance Measurement Errors	4
Carbon Risk Factor Framework	4
Why State-Dependent Discounting Matters for Climate-Sensitive Securities	4
On the Relevance of Variances and Correlations for Multifactor Investors	4
Corporate Bonds and Climate Change Risk	4
Is Momentum a Risk Factor? Evidence from Option-Implied Expected Returns	4
Equity Tail Protection Strategies Before, During, and After COVID-19	4
Stock Vulnerability and Resilience	4
Modernizing Volatility-Managed Strategies	4
An Overview of Optimization Models for Portfolio Management	4
How Have ETFs Changed Market Macro Efficiency and Risk Structure?	4
Untangling Universality and Dispelling Myths in Mean–Variance Optimization	4
Large Language Models for Financial and Investment Management: Models, Opportunities, and Challenges	4
Interview with Sebastien Page of T. Rowe Price	4
Asset Allocation for Retirement Income: A Framework for Income-Oriented Investors	4
Comparing Downside Protection Strategies	4
Information Ratio = Selection × Breadth + Sizing	3
Smarter Beta Investing: More Focus, Less Sustainability Bias, Same Performance	3
Interview with Harshdeep Singh Ahluwalia and Roger Aliaga-Diaz of Vanguard	3
Systematic Insights into Private Equity Investing	3
Multi-Asset Portfolios in the New Order	3
Factor Information Decay: A Global Study	3
Impact of ESG Objectives on a Portfolio	3
The False Promise of Drawdown Rules: New Evidence and a Better Framework	3
Does Real Estate Development Add Value?	3
Sizing Matters: Optimal Scaling of Long and Short Exposures in Equity Portfolios	3
The Link Between Physical and Transition Climate Risk	2
A “Quality” Quality Factor	2
Editor’s Introduction for the 2024 Special Issue on Multi-Asset Strategies and Asset Allocation	2
Supply Chain and Correlations	2
Investor Information Interaction and Stock Price Co-Jumps	2
Climate Change Uncertainty and Volatility of Clean Energy Portfolios: An Asset Pricing Perspective	2
Narrative Factors: A Dynamic Factor Framework for Risk Management and Alpha Generation	2
Investing as Owners Rather Than Traders: How Pension Funds Can Transform Capitalism	2
Putting the Long Term to Work: Shaping the Prudent Society Investment Model	2
Understanding the Stable Components of Seasonality in the Size Effect	2
Reinforcement Learning for Asset and Portfolio Management	2
The Power of Narrative Attention: Linking Geopolitical and Economic Storylines to Currency Risk and Return Predictability	2

Pricing Factors and Causal Networks for US Industry Portfolios	2
A Tour of the Factor Funhouse	2
Picking Winners in Factorland: A Machine Learning Approach to Predicting Factor Returns	2
Time-Zero Direct Alpha: Investment-Level Calculations for Improved Skill Evaluation	2
Mean–Variance Analysis, the Geometric Mean, and Horizon Mismatch	2
False Precision in Portfolio Construction: Misconceptions That Undermine Asset Allocation	2
Market Impact Decay and Capacity	2
Global Bond Allocation Using Duration Times Spread	2
Press Freedom as a Risk Factor: Effects on Volatility and Uncertainty	2
The Economic Value of Frequency-Domain Information	2
Social Awareness in Real Estate Investment: What Should Investors Do about the “S” in ESG?	2
Operating Leverage and Inflation	2
Weak Feedback and Denial Are Killing Active Management: A Slow Death, Perhaps, but One That Is Avoidable	2
How Should the Long-Term Investor Harvest Variance Risk Premiums?	2
Inflation-Induced Overearnings	2
Interview with Kari Vatanen of Elo Mutual Pension Insurance Company	2
Value for Equity Index Options: Expected—Not Realized—Volatility and the Distribution of Forecasts	2
How to Diversify Differently: Time-Varying Correlations, Determinants, and Regimes	2
Further Applications of Mean–Variance Optimization	1
Interview with Gene Podkaminer of Capital Group	1
Event Time	1
Return–Risk Analysis of Real Estate Tokens: An Asset Class of Its Own	1
Optimal Strategies for Digital Assets with No Fundamental	1
Unnatural Selection in Private Equity Real Estate?	1
A Changing Stock–Bond Correlation: Drivers and Implications	1
The Tyranny of IRR	1
Emerging Markets Currency Factors and US High-Frequency Macroeconomic Shocks	1
What to Do with All These Currencies?	1
Financial Networks and Portfolio Management	1
Markowitz Remembrance	1
Editor’s Introduction to the Special Issue on Portfolio Manager Perspectives	1
Diversification and Asset Allocation in the Post-COVID Era	1
Demystifying FinBERT: How Transformer Models Turn Financial Text into Market Insights	1
Institutional Investors as Architects of Change: Toward a New Theory of Firm Value Creation	1
Portfolio Selection Redux, or, How the Paradox of Portfolio Efficiency Can Be Used to Improve Portfolio Performance	1
Formula Investing	1
Sharpe Ratio Inference: A New Standard for Decision Making and Reporting	1
What Matters More for Emerging Markets Investors: Economic Growth or EPS Growth?	1
Harry Markowitz’s Two Intellectual Children: Mean–Variance and Behavioral Portfolio Theories	1
Timing and Sizing Skills of Systematic Strategies across Time and Economic Regimes	1
Domesticating the Factor Zoo with Economic Theory	1
Governance Models for a Changing Asset Management Landscape	1
Things I Expected Would Have Changed by Now (But Have Not)	1
Interview with Mark Anson, CEO, Commonfund	1
Using a Mean-Changing Stochastic Processes Exit–Entry Model for Stock Market Long–Short Prediction	1
Agent Investing: A Constructive Approach	1
Editor’s Introduction for the 2025 Special Issue on Multi-Asset Strategies and Asset Allocation	1
The Roots of Dispersion	1
Interview with Eric H. Sorensen of PanAgora Asset Management	1
Measuring Market Risk in Asset Management	1
A Framework for Attributing Changes in Portfolio Carbon Footprint	1
From Core to Complexity: The Investment Landscape for Real Estate Gets More Complicated	1
Fat and Heavy Tails in Asset Management	1
Interview with Shaojun Zhang Formerly of Vanguard	1
Rebuffed: An Empirical Review of Buffer Funds	1
Process Alpha: How to Construct and Manage Optimized Venture Portfolios	1
Low Risk, High Variability: Practical Guide for Portfolio Construction	1
Emerging Technologies and the Transformation of Exchange Trading Platforms	1
Does an Economic Profit Strategy Outperform the Market? A Long-Term Study Using EVA-Style Analysis	1
Climate Output at Risk	1
AI and Decision-Making in Investment—Why We Will Not Return to the Cave	1
Interview with Marcos López de Prado of Abu Dhabi Investment Authority (ADIA)	1
Shrinking the Size Effect	1
The Mean–Variance Rule and Expected Utility: The Multi-Period Case	1
Strategic Asset Allocation with Alternative Investments: An Integrated Approach	1
Equity Performance after Follow-On Offerings: A Modern Reexamination with Portfolio Applications	1
Enhanced Backtesting for Practitioners	1
Allocation-Focused Regimes and Applications to Dynamic Factor Investing	1
Perspective: Asset Classes versus Risk Factors or Asset ClassesandRisk Factors?	1
Relevance-Based Importance: A Comprehensive Measure of Variable Importance in Prediction	1
Estimating the Alpha and Beta of Private Capital Using State Space Modeling and Bayesian Inference	1
Thinking Outside the Benchmark: Part II	1
The Return of the Call Auction	1
Corporate Bond Trading: Finding the Customers’ Yachts	1
Do Corporate Carbon Emissions Data Enable Investors to Mitigate Climate Change?	1
Factor Zoo (.zip)	1
Wisdom of the Crowds or Ignorance of the Masses? A Data-Driven Guide to WallStreetBets	1
Bayes Rule and the Selection of Investment Managers	1
(Re)Balancing Act: The Interplay of Private and Public Assets in Dialing the Asset Allocation	1
An Investor’s Guide to Crypto	1

The Contribution of a Constituent Time Period-Asset Pair: Longitudinal Decompositions	1
Social Networks, Trading, and Liquidity	1
Using Large Language Models to Estimate Novel Risk: Impact on Volatility	1
Equity Market Structure and the Persistence of Unsolved Problems: A Microstructure Perspective	1
Implementing AI Foundation Models in Asset Management: A Practical Guide	1
Editor’s Introduction for the 2026 Special Issue on Factor-Based Investing	1
The Impact of Intangible Capital on Factor Performance Efficacy	1
Introduction to Investing In Emerging Markets Special Issue	1
Bond and Stock Risk Premium Cycles: Implications for Asset Allocation	1
Tax-Aware Portfolio Construction: A Multi-Asset Approach	1
Strategic Asset Allocation and Inflation Resilience	1
Forecast Aggregation and Predictive Value	1
Structural Benchmark Drift and Hidden Peer Risk: Governance Implications for Active Equity Management	1
New Insights into Private Equity: Empirical Evidence from More Than 500 Buyouts	1
Reminiscences on an Extraordinary Gentleman	1
The Cross-Section of Factor Returns	1
Interview with Andrew Chin of AllianceBernstein	1
The Hierarchy of Empirical Evidence in Finance	1
Why Do Equally Weighted Portfolios Beat Value-Weighted Ones?	1
Sector Rotation in Times of Crises	1
Inflation Hedging: A Dynamic Approach Using Online Prices	1
History Repeats Itself? The Nonstationarity Hazard	1
The Factor Edge: Optimized Private Debt Investing	1
Regulatory Design, Governance Incentives, and Portfolio Convergence: Lessons from Finland’s Pension Reform	1
Mean-Variance Optimization for Simulation of Order Flow	1
Editor’s Introduction for the 2025 Special Issue on Factor-Based Investing	1
Sustainability Disclosure and Financial Performance: The Case of Private and Public Real Estate	1
Interview with Ronald Hua of Qtron Investments	1
Diversification Is Dead, Long Live Diversification!	1