Theory and Methodology of Tactical Asset Allocation

by Wai Lee

2020-07-23 05:03:50

Asset allocation has long been viewed as a safe bet for reducing risk in a portfolio. Asset allocators strive to buy when prices are low and sell when prices rise. Tactical asset allocation (TAA) practitioners tend to emphasize shorter-term adjustmen... Read more
Asset allocation has long been viewed as a safe bet for reducing risk in a portfolio. Asset allocators strive to buy when prices are low and sell when prices rise. Tactical asset allocation (TAA) practitioners tend to emphasize shorter-term adjustments, reducing exposure when recent market performance has been good, and increasing exposure in a slipping market (in contrast to dynamic asset allocation, or portfolio insurance). As interest in this technique continues to grow, J.P. Morgan''s Wai Lee provides comprehensive coverage of the analytical tools needed to successfully implement and monitor tactical asset allocation. Less

Book Details

File size9.28x6.25x0.58inches
Print pages159
PublisherWiley
Publication date August 1, 2000
LanguageEnglish
ISBN9781883249724

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