
Introducing A Comprehensive Investment Framework For Goals-Based Wealth Management
Any investment process should start with a thorough understanding of the investor problem. Individual investors do not need investment products with alleged superior performance; they need investment solutions that can help them meet their goals subject to prevailing dollar and risk budget constraints. This paper develops a general operational fram...
Author(s)
Romain Deguest, Lionel Martellini, Vincent Milhau, Anil Suri, Hungjen Wang