Active Asset Allocation
State-of-the-Art Portfolio Policies, Strategies and Tactics
Published on 31. January 1992
Book
Hardback
430 pages
978-0-07-707576-7 (ISBN)
Description
An overview of the critical issues and practices that are employed in today's domestic and global markets. The proven strategies and tactics presented focus on policy asset mix and portfolio insurance, optimization and surplus management, and tactical asset allocation.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
McGraw-Hill Education - Europe
Target group
Professional and scholarly
Dimensions
Height: 225 mm
Width: 150 mm
ISBN-13
978-0-07-707576-7 (9780077075767)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Persons
Content
Introduction; overview of the total asset allocation problem, section one - asset policy mix; defining pension fund risk; risk and return - implications; integrating business planning with pension fund planning; inflation, interest rates and pension liabilities; policy asset mix, section two - optimization and surplus management; asset allocation models; portfolio optimization with a framework; dynamic hedging; surplus protection; achieving the best return; portfolio optimization under shortfall constraints, section three - tactical asset allocation; tactical asset allocation; asset allocation - reward and diversification; asset allocation using futures markets; a disciplined approach to global asset allocation; international asset and currency allocation.