This paper explores dynamic mean-variance (MV) asset allocation over long horizons. This
is equivalent to target-based investing with a quadratic loss penalty for deviations from the …

[eng] Do we take the “right” decision when we save money for our retirement? Many of us
probably do not save enough for a pension and perhaps we may not save in the best way …

In the waning years of the previous decade, before the onset of the financial crisis, The
University of Chicago's Investment Committee decided to take a 'risk view'of the endowment …