Strategic and tactical asset allocation : an integrated approach

著者

    • Lumholdt, Henrik

書誌事項

Strategic and tactical asset allocation : an integrated approach

Henrik Lumholdt

Palgrave Macmillan, c2018

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注記

Includes bibliographical references (p. 231-242) and index

内容説明・目次

内容説明

This book covers each step in the asset allocation process, addressing as many of the relevant questions as possible along the way. How can we formulate expectations about long-term returns? How relevant are valuations? What are the challenges to optimizing the portfolio? Can factor investing add value and, if so, how can it be implemented? Which are the key performance drivers for each asset class, and what determines how they are correlated? How can we apply insights about the business cycle to tactical asset allocation? The book is aimed at finance professionals and others looking for a coherent framework for decision-making in asset allocation, both at the strategic and tactical level. It stresses analysis rather than pre-conceived ideas about investments, and it draws on both empirical research and practical experience to give the reader as strong a background as possible.

目次

PrefacePart I: Foundations1. Introduction to Asset Allocation2. Performance Evaluation3. Strategic versus Tactical Asset AllocationPart II: Strategic Asset Allocation4. Long-Term Return Expectations5. Optimizing the SAA6. Factor Investing I7. Factor Investing IIPart III: Tactical AA8. Tactical Macro-Drivers9. The Four Phases Framework10. Appendix

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詳細情報

  • NII書誌ID(NCID)
    BB28922373
  • ISBN
    • 9783319895536
  • 出版国コード
    sz
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    Cham
  • ページ数/冊数
    xx, 251 p.
  • 大きさ
    25 cm
  • 分類
  • 件名
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