3 papers
q-fin.CP2025
Making Leveraged Exchange-Traded Funds Work for your Portfolio
Peter Forsyth, Pieter van Staden, Yuying Li
We examine strategically incorporating broad stock market leveraged exchange-traded funds (LETFs) into investment portfolios. We demonstrate that easily understandable and implemen…
q-fin.CP2025
Smart leverage? Rethinking the role of Leveraged Exchange Traded Funds in constructing portfolios to beat a benchmark
Pieter van Staden, Peter Forsyth, Yuying Li
Leveraged Exchange Traded Funds (LETFs), while extremely controversial in the literature, remain stubbornly popular with both institutional and retail investors in practice. While…
math.OC2025
Risk Measures for DC Pension Plan Decumulation
Peter A. Forsyth, Yuying Li
As the developed world replaces Defined Benefit (DB) pension plans with Defined Contribution (DC) plans, there is a need to develop decumulation strategies for DC plan holders. Opt…