Bernstein Fabozzi/Jacobs Levy Awards

Best Article Award Winners

The Best Strategies for Inflationary Times
Henry Neville, Teun Draaisma, Ben Funnell, Campbell R. Harvey and Otto Van Hemert
The Journal of Portfolio Management August 2021, 47 (8) 8-37; DOI: https://doi.org/10.3905/jpm.2021.1.274

Alpha vs. Alpha: Selection, Timing, and Factor Exposures from Different Factor Models
Ananth Madhavan, Aleksander Sobczyk and Andrew Ang
The Journal of Portfolio Management Fund Manager Selection 2020, 46 (5) 90-103; DOI: https://doi.org/10.3905/jpm.2020.1.142

Divergent ESG Ratings
Elroy Dimson, Paul Marsh and Mike Staunton
The Journal of Portfolio Management November 2020, 47 (1) 75-87; DOI: https://doi.org/10.3905/jpm.2020.1.175

Factor Momentum Everywhere
Tarun Gupta and Bryan Kelly
The Journal of Portfolio Management Quantitative Special Issue 2019, 45 (3) 13-36; DOI: https://doi.org/10.3905/jpm.2019.45.3.013

Behavioral Efficient Markets
Meir Statman
The Journal of Portfolio Management Winter 2018, 44 (3) 76-87; DOI: https://doi.org/10.3905/jpm.2018.44.3.076

King of the Mountain: The Shiller P/E and Macroeconomic Conditions
Robert D. Arnott, Denis B. Chaves and Tzee-man Chow
The Journal of Portfolio Management Fall 2017, 44 (1) 55-68; DOI: https://doi.org/10.3905/jpm.2017.44.1.055

What Is an Index?
Andrew W. Lo
The Journal of Portfolio Management Winter 2016, 42 (2) 21-36; DOI: https://doi.org/10.3905/jpm.2016.42.2.021

Backtesting
Campbell R. Harvey and Yan Liu
The Journal of Portfolio Management Fall 2015, 42 (1) 13-28; DOI: https://doi.org/10.3905/jpm.2015.42.1.013

Evaluating Trading Strategies
Campbell R. Harvey and Yan Liu
The Journal of Portfolio Management Special 40th Anniversary Issue 2014, 40 (5) 108-118; DOI: https://doi.org/10.3905/jpm.2014.40.5.108

Volatility, Correlation, and Diversification in a Multi-Factor World
Richard Roll
The Journal of Portfolio Management Winter 2013, 39 (2) 11-18; DOI: https://doi.org/10.3905/jpm.2013.39.2.011

The Death of Diversification Has Been Greatly Exaggerated
Antti Ilmanen and Jared Kizer
The Journal of Portfolio Management Spring 2012, 38 (3) 15-27; DOI: https://doi.org/10.3905/jpm.2012.38.3.015

Risk-Based Asset Allocation: A New Answer to an Old Question?
Wai Lee
The Journal of Portfolio Management Summer 2011, 37 (4) 11-28; DOI: https://doi.org/10.3905/jpm.2011.37.4.011

Active Portfolio Management and Positive Alphas: Fact or Fantasy?
Robert A. Jarrow
The Journal of Portfolio Management Summer 2010, 36 (4) 17-22; DOI: https://doi.org/10.3905/jpm.2010.36.4.017

Understanding the VIX
Robert E Whaley
The Journal of Portfolio Management Spring 2009, 35 (3) 98-105; DOI: https://doi.org/10.3905/JPM.2009.35.3.098

Dynamic Portfolio Analysis
Richard C Grinold
The Journal of Portfolio Management Fall 2007, 34 (1) 12-26; DOI: https://doi.org/10.3905/jpm.2007.698029

Gathering Implicit Alphas in a Beta World
Martin L Leibowitz and Anthony Bova
The Journal of Portfolio Management Spring 2007, 33 (3) 10-18; DOI: https://doi.org/10.3905/jpm.2007.684748

Five Myths About Fees
Ronald N. Kahn, Matthew H. Scanlan and Laurence B. Siegel
The Journal of Portfolio Management Spring 2006, 32 (3) 56-64; DOI: https://doi.org/10.3905/jpm.2006.628406

The Active Risk Puzzle
Robert B Litterman
The Journal of Portfolio Management 30th Anniversary Issue 2004, 30 (5) 88-93; DOI: https://doi.org/10.3905/jpm.2004.442626

Fight the Fed Model
Clifford S Asness
The Journal of Portfolio Management Fall 2003, 30 (1) 11-24; DOI: https://doi.org/10.3905/jpm.2003.319916

Expected Returns on Stocks and Bonds
Antti Ilmanen
The Journal of Portfolio Management Winter 2003, 29 (2) 7-27; DOI: https://doi.org/10.3905/jpm.2003.319869

Do Hedge Funds Hedge?
Clifford S Asness, Robert J Krail and John M Liew
The Journal of Portfolio Management Fall 2001, 28 (1) 6-19; DOI: https://doi.org/10.3905/jpm.2001.319819

The Growth of Index Funds and the Pricing of Equity Securities
Burton G. Malkiel and Aleksander Radisich
The Journal of Portfolio Management Winter 2001, 27 (2) 9-21; DOI: https://doi.org/10.3905/jpm.2001.319788

The Shrinking Equity Premium
Jeremy J. Siegel
The Journal of Portfolio Management Fall 1999, 26 (1) 10-17; DOI: https://doi.org/10.3905/jpm.1999.319776

Why Do Valuation Ratios Forecast Long-Run Equity Returns?
Thomas K. Philips
The Journal of Portfolio Management Spring 1999, 25 (3) 39-44; DOI: https://doi.org/10.3905/jpm.1999.319714