Risk control through dynamic core-satellite portfolios of ETFs A new paper drawn from the "Core-Satellite and ETF Investment" research chair at EDHEC-Risk Institute, sponsored by Amundi, examines the ways dynamic asset allocation techniques can be used to manage portfolios of exchange-traded funds (ETFs). First, dynamic allocation to stock and bond ETFs and traditional static diversification are compared. Second, tactical allocation to stock and bond ETFs and risk-controlled allocation - with both forms of allocation informed by the same return forecasts - are compared. More...