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How'd an Innocent Fiduciary Like You End Up Asset Allocating?
Fiduciary News; registration may be required 
June 10, 2015
"It took nearly two decades for asset allocation to go from a 'well, OK' endorsement from the DOL to the nearly de facto industry standard. Rather than a gradual movement, the use of asset allocation accelerated like a rocket following the [misinterpretation] of a famous research paper.... There's a greater issue with [that study], one which calls into question its (accurately stated) conclusion."
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