Sector Insights

The Quest for Performance

May 2013

The Center for Applied Research (CAR) is an independent think tank that resides at State Street. Our study, By the Numbers: The Quest for Performance looks at how investors are coping with the challenges of portfolio construction and strategic asset allocation amid low returns.

In the current, post-crisis environment, asset owners struggle to make sense of conflicting advice. Practitioners and academics alike have advised asset owners to rethink their investment strategies, models and asset allocation decisions — and even question the very premise of portfolio diversification. This paper provides a roadmap for navigating asset allocation in a low-return world.