Research & News

Dedicated Portfolio Theory versus Modern Portfolio Theory

In this article, published in the NAPFA ADVISOR magazine (April, 2018), Asset Dedication’s Stephen J. Huxley, Ph.D. and Brent Burns discuss how dedicated portfolio theory challenges modern portfolio theory.  Daniel Kahneman, Nobel Memorial Prize in Economic Science, 2002, essentially advocated for the dedicated approach to personal investing in his discussion at the 2018 MorningStar Conference in Chicago.  This is the strategy pioneered by Asset Dedication for personal finance as outlined in our bookClick here to read the article.

Find Bond Income In a Dicey Market

For a supposedly boring investment, bonds have shown their capricious side lately. The bond bull market, widely thought to be sputtering out last year, has roared on in 2014. This year’s rally has left even the most seasoned fixed-income investors scratching their heads—and older investors in a challenging spot. Read the article here >>>