I expect the benefits to go up, especially if these are
uncorrelated asset classes.
My paper has some verbage, but I have not done
experiments.
Therefore, I am confident in saying 55 BPS is a lower
bound.
Gobind
On behalf of FPA, I would like the thank our presenter, Gobind
Daryanani, for his time today.
We had a question that came in late, from Tom, who writes:
if you have more asset classes,
will rebalancing benefits go up?