Asset allocation : from theory to practice and beyond /
Kinlaw, William,
Asset allocation : from theory to practice and beyond / William Kinlaw, Mark P. Kritzman, David Turkington. - Second edition. - 368 pages, cm colour illustrations ; cm - Wiley finance series .
Includes index.
"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."--
9781119817710
2021027137
Asset allocation.
Portfolio management.
332.6 / KIN 2021
Asset allocation : from theory to practice and beyond / William Kinlaw, Mark P. Kritzman, David Turkington. - Second edition. - 368 pages, cm colour illustrations ; cm - Wiley finance series .
Includes index.
"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."--
9781119817710
2021027137
Asset allocation.
Portfolio management.
332.6 / KIN 2021