PT - JOURNAL ARTICLE AU - Dokyoung Lee AU - Seth J. Masters TI - Long-Horizon Investment Planning in Globally Integrated Capital Markets AID - 10.3905/jwm.2012.14.4.028 DP - 2012 Jan 31 TA - The Journal of Wealth Management PG - 28--40 VI - 14 IP - 4 4099 - https://pm-research.com/content/14/4/28.short 4100 - https://pm-research.com/content/14/4/28.full AB - The complexities of long-term planning can seem overwhelming, especially given today’s global multiasset, multicurrency investing environment. But a rigorous, forwardlooking, comprehensive tool built on the multifaceted drivers of asset returns—leavened with a dose of humility—has been developed. Such a “capital-markets engine” can drive forecasting by integrating mathematical rigor with a worldwide perspective and an acknowledgment of the unknowables that are inescapable in investing.TOPICS: Wealth management, global