FactSet(@FactSet):The path matters in asset allocation just as it does for exotic options. Rebalancing rules can create different payoff profiles, while drawdowns, cash flows, and funding thresholds can materially change investor outcomes even when terminal wealth looks similar. Read the full article:

FactSet

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FactSet@FactSet

2026.09.18 16:08

The path matters in asset allocation just as it does for exotic options. Rebalancing rules can create different payoff profiles, while drawdowns, cash flows, and funding thresholds can materially change investor outcomes even when terminal wealth looks similar. Read the full article: