Active Asset Allocation: State-of-the-Art Portfolios Policies, Strategies and Tactics, Revised Edition [Hardcover]

Robert D. Arnott (Editor), Frank J. Fabozzi (Editor)

Available from these sellers.

Book Description

Series: Institutional Investor Publication | Publication Date: February 1, 1992

No issue is more critical to institutional investors than asset allocation. In today's volatile and increasingly global financial markets, asset mix and portfolio allocation are ever more important. However, the term "asset allocation" means different things to different people in different contexts. Whether policy asset allocation, tactical asset allocation or dynamic strategies for asset allocation, the policies and tactics are designed to reshape the return distribution. Because there are a number of decisions to make and issues to evaluate when reviewing asset allocation, this authoritative text assembles some of the best thinking in the investment world today on the subject of asset allocation. In Active Asset Allocation, pension sponsors, endowment and foundation managers and portfolio managers will find answers to many of the perplexing problems of assessing and managing the asset mix. Editors Robert D. Arnott and Frank J. Fabozzi, joined by a host of eminent practitioners and theoreticians, focus on the many dimensions of the asset allocation decision, tactical asset allocation and the risks associated with active asset allocation. Completely revised to reflect the latest thinking, Active Asset Allocation updates the ground-breaking material that made the first edition a critically acclaimed best-seller. Some of these current thoughts on asset allocation are communicated through a comprehensive series of chapters, including "Managing the Asset Mix"; "Asset Performance and Surplus Control"; "Risk-Adjusted Surplus; " "Tax Consequences of Trading"; "A Disciplined Approach to Global Asset Allocation"; "Does Tactical Asset Allocation Work?" and "At Last, a Rational Case forLong-Horizon Risk Tolerance and for Asset Allocation Timing?"

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } No issue is more critical to institutional investors than asset allocation. In today's volatile and increasingly global financial markets, asset mix and portfolio allocation are ever more important. However, the term "asset allocation" means different things to different people in different contexts. Whether policy asset allocation, tactical asset allocation or dynamic strategies for asset allocation, the policies and tactics are designed to reshape the return distribution. Because there are a number of decisions to make and issues to evaluate when reviewing asset allocation, this authoritative text assembles some of the best thinking in the investment world today on the subject of asset allocation. In Active Asset Allocation, pension sponsors, endowment and foundation managers and portfolio managers will find answers to many of the perplexing problems of assessing and managing the asset mix. Editors Robert D. Arnott and Frank J. Fabozzi, joined by a host of eminent practitioners and theoreticians, focus on the many dimensions of the asset allocation decision, tactical asset allocation and the risks associated with active asset allocation. Completely revised to reflect the latest thinking, Active Asset Allocation updates the ground-breaking material that made the first edition a critically acclaimed best-seller. Some of these current thoughts on asset allocation are communicated through a comprehensive series of chapters, including "Managing the Asset Mix"; "Asset Performance and Surplus Control"; "Risk-Adjusted Surplus; " "Tax Consequences of Trading"; "A Disciplined Approach to Global Asset Allocation"; "Does Tactical Asset Allocation Work?" and "At Last, a Rational Case forLong-Horizon Risk Tolerance and for Asset Allocation Timing?"

Customers Who Bought This Item Also Bought

Global Asset Allocation: Techniques for Optimizi... by Jess Lederman
3.0 out of 5 stars (1)

$73.49

Product Details

Hardcover: 425 pages
Publisher: McGraw-Hill Trade; Revised edition (February 1, 1992)
Language: English
ISBN-10: 1557382379
ISBN-13: 978-1557382375
Product Dimensions: 9.1 x 6.2 x 1.2 inches
Shipping Weight: 1.8 pounds
Amazon Best Sellers Rank: #2,599,851 in Books (See Top 100 in Books)

Would you like to update product info or give feedback on images?

Customer Reviews

There are no customer reviews yet.

Create your own review

Video reviews

Amazon now allows customers to upload product video reviews. Use a webcam or video camera to record and upload reviews to Amazon.

Tag this product

(What's this?)

Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organize and find favorite items.

Sell a Digital Version of This Book in the Kindle Store

If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store. Learn more

.jsOffDisplayBlock { display: block; } .jsOffDisplayInline { display: inline; } .jsOffVisibility { visibility: visible; } .jsOnDisplayBlock { display: none; } .jsOnDisplayNoneBlock { display: block; } .jsOnDisplayNoneInline { display: inline; } .jsOnDisplayInline { display: none; } .jsOnVisibility { visibility: hidden; } .jqOnDisplayBlock { display: none; } .jqOnDisplayInline { display: none; } .jqOnVisibility { visibility: hidden; } .jqOnDisplayNoneBlock { display: block; } .jqOnDisplayNoneInline { display: inline; }