With the bulk of the fund's assets invested in consumer discretionary and industrial names, and to a lesser extent with technology- and energy-related names, this fund offers both a solid defense and offense, as well as a diversification hedge against our own market's volatility.
We then evaluate the significance of any diversification asymmetry against an Equal Rates Markov (ERM) model.
We also compared these diversification profiles against the distribution of the climate modes of the Phanerozoic.
Investment banks responded by getting bigger.Expansion and diversification took place against a remarkably favourable background.
Diversification is protection against ignorance, but if you don't feel ignorant, the need for it goes down drastically".
Purifying selection was a key mechanism in the evolution of aHEV, suggesting the existence of a strong structural and functional constraint against diversification that would lead to extensive amino acid changes within the 3 ORFs in aHEV strains.
The manufacturers see an opportunity for diversification and a hedge against declining military budgets.
You just hold some portion adequate for providing diversification and a hedge against extreme outcomes".
But industry experts say Pimco failed to heed the most elementary advice given to mutual fund customers: the value of diversification as a buffer against unexpected turns in the market.
Another key was geographical diversification to protect Cemex against the periodic collapse of the Mexican peso.
