TY - JOUR T1 - The Risk in Risk Parity: <em>A Factor-Based Analysis</em> <br/> <em>of Asset-Based Risk Parity</em> JF - The Journal of Investing SP - 102 LP - 110 DO - 10.3905/joi.2012.21.3.102 VL - 21 IS - 3 AU - Vineer Bhansali AU - Josh Davis AU - Graham Rennison AU - Jason Hsu AU - Feifei Li Y1 - 2012/08/31 UR - https://pm-research.com/content/21/3/102.abstract N2 - The risks embedded in asset-based risk parity portfolios are explored using a simple, economically motivated approach. Such an approach can go a long way toward demystifying and making more explicit the drivers of performance and risks of asset-based risk parity portfolios. Investors in risk parity can use this approach for more robust portfolio construction and for benchmarking and differentiating various risk parity approaches.TOPICS: Portfolio management, real assets/alternative investments/private equity, portfolio construction ER -