• Is there value in complicating volatility management? 

      Korbosli, Elias Tjomsland; Østbø, Anders Mork (Master thesis, 2019)
      Volatility managed portfolios take less risk when volatility is high, and more risk when volatility is low. Moreira and Muir (2017) employ a simple methodology which scales factor exposure by the inverse of realized variance. ...