Hedged equity (or options overlay) strategies can provide higher risk-adjusted returns over broad-based equity indexes, in part by using options to minimize the impact of market disruptions and downturns.
An alternative risk premia strategy is itself more diversified than a diversified growth fund or an all-equity portfolio.
Full report detailing JPM's long-term capital market return assumptions for 2013
Chart of JPM's long-term capital market return assumptions. Deleveraging will depress growth while risk assets should offer decent returns
Executive summary of JPM's long-term capital market return assumptions for 2013
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
Factor investing through the cycle
Pension Pulse Summer 2019
Pension Pulse Spring 2019
Pension Pulse Summer 2018