Maria Debora Braga is Full Professor of Financial Markets and Institutions. She teaches at University of Valle d’Aosta and at SDA Bocconi School of Management. She received her Ph.D in Banking and Finance from Bocconi University and the M.Sc. in Business Administration from the University of Parma. She was Visiting Scholar at the University of London (Birkbeck College) during her Ph.D. and recently she has been Visiting Researcher at Cass Business School (City University London). She is a member of the Italian Scientific Committee of the European Financial Planning Association (€FPA).

• Introduction.- The Traditional Approach to Asset Allocation.- Risk-Based Approaches to Asset Allocation: The Case for Risk Parity.- The Different Risk-Based Approaches to Asset Allocation.- Application of the Risk-Based Approaches to Asset Allocation.- Appendix.

Maria Debora Braga is Full Professor of Financial Markets and Institutions. She teaches at University of Valle d’Aosta and at SDA Bocconi School of Management. She received her Ph.D in Banking and Finance from Bocconi University and the M.Sc. in Business Administration from the University of Parma. She was Visiting Scholar at the University of London (Birkbeck College) during her Ph.D. and recently she has been Visiting Researcher at Cass Business School (City University London). She is a member of the Italian Scientific Committee of the European Financial Planning Association (€FPA).

• Introduction.- The Traditional Approach to Asset Allocation.- Risk-Based Approaches to Asset Allocation: The Case for Risk Parity.- The Different Risk-Based Approaches to Asset Allocation.- Application of the Risk-Based Approaches to Asset Allocation.- Appendix.