An accessible guide to portfolio-enhancing asset management in bull or bear markets
Asset allocation is a crucial and continually popular topic among investors of all types. The Art of Asset Allocation is a practical, hands-on guide that shows finance professionals and individual investors how to achieve an asset balance designed to thrive in a wide range of financial market environments. David Darst, author of the highly acclaimed The Complete Bond Book, provides a comprehensive framework for using asset allocation principles in bull, bear, or non-trending markets. This complete asset allocation guide contains:
- Differences between tactical and strategic asset allocation--and the advantages of each
- Effective tools for determining asset allocation strategies
- Asset class descriptions and historical risk and return statistics for all major asset classes
- Rebalancing guidelines
- Investor behavior analysis
- Practical financial worksheets, charts, and other illustrative tools
- An annotated guide to traditional and Internet-based information sources