The recent financial crisis led many institutional investors to review their asset allocation
policies and explore alternative approaches to implementation. MSCI recently held discussions …

This article reviews the active management opportunity in different market segments, and
discusses the role of very active mandates across segments in a core–satellite portfolio …

Many investors recognize that their reference universe should encompass large, mid and
small caps, and furthermore accept the investment belief that smaller companies should earn a …

The potential benefits of global investing are grounded not only in empirical evidence, but also
in modern portfolio theory—in particular the Capital Asset Pricing Model (CAPM), which is …

Since the beginning of indexing in the early 1980s, active versus passive investing has been
a muchdebated subject of investment management. Today, plan sponsors have the option …

Knowing the pressure coefficient on building surfaces is important for the evaluation of wind
loads and natural ventilation. The main objective of this paper is to present and to validate a …

… g 0 =0 and the calculation stops when ∥ t g n − t g n−1 ∥ R p < tol g ∥ t g n ∥ R p The gap
conductivity κ g … when using a fixed θ=0.15 and tol g =0.01, which we consider a rather strict …

Globalization has brought about a major rethinking of the equity investment. Thought leaders
in the industry are questioning the merit of the existing equity allocation practices and are …

Risk diversification combined with the pursuit of additional sources of return has been a
major driver for institutional investors venturing into international markets. The MSCI Europe, …

Shaped metal deposition (SMD) is a novel process for rapid prototyping that employs tungsten
inert gas (TIG) welding controlled by a robot inside an inert gas chamber to build parts by …