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  • Monday September 28, 2026
Experts — Finance & Legal
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PUBLIÉ LE 08.07.2025

Wealth management

Julien Pénasse, associate professor of finance at the University of Luxembourg. Photo: Handout
WEALTH MANAGEMENT

In search of the ideal portfolio

As part of the master’s degree in wealth management at the University of Luxembourg, Julien Pénasse invites his students to question the theoretical foundations of an investment portfolio. He points out that, depending on risk tolerance and investment horizon, most investors should hold very similar diversified portfolios. More than the investment strategies implemented, it is in understanding their clients’ expectations, convictions and constraints that asset managers should seek to distinguish themselves.

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