When the Law ignores diversification - Risk and Return #5

A legal change can transform how thousands of institutions invest — and significantly improve their outcomes. In this episode of Risk and Return , together with Emanuele Rizzo , Professor in the Department of Economics, Finance and Accounting at Esadewe explore how a regulatory reform in the United States redefined the concept of prudence in investment and finally allowed trust funds to apply one of the most fundamental principles of finance: diversification. Hosted on Ausha. See ausha.co/privacy-policy for more information.