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Asset allocation : from theory to practice and beyond /

"Investors have access to a vast array of assets with which to form portfolios, ranging from individual securities to broadly diversified funds. The first order of business is to organize this massive opportunity set into a manage- able set of choices. If investors stratify their opportunity se...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Kinlaw, William (Author), Kritzman, Mark P. (Author), Turkington, David, 1983- (Author)
Format: Electronic eBook
Language:Inglés
Published: Hoboken, New Jersey : John Wiley & Sons, Inc., [2021]
Edition:[Second edition].
Subjects:
Online Access:Texto completo (Requiere registro previo con correo institucional)
Description
Summary:"Investors have access to a vast array of assets with which to form portfolios, ranging from individual securities to broadly diversified funds. The first order of business is to organize this massive opportunity set into a manage- able set of choices. If investors stratify their opportunity set at too granular a level, they will struggle to process the mass of information required to make informed decisions. If, instead, they stratify their opportunity set at a level that is too coarse, they will be unable to diversify risk efficiently. Asset classes serve to balance this trade-off between unwieldy granularity and inefficient."--
Physical Description:1 online resource (xxxi, 334 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9781119817727
1119817722
9781119817734
1119817730