Authors:
- Provides a coherent framework for decision-making
- Combines a strategic and tactical approach to asset allocation
- Integrates real world experience with solid theoretical underpinning
- Based on up-to-date market experience complete with data and the most relevant recent academic contributions to the field
- Presents a four-phase framework for using tactical macro-drivers in asset allocation
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Table of contents (9 chapters)
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Front Matter
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Foundations
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Front Matter
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Strategic Asset Allocation
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Front Matter
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Tactical Asset Allocation
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Front Matter
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Back Matter
About this book
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.
Reviews
“This book provides a lucid description of asset allocation techniques and factor investing based on a broad range of academic research and practical experience.” (Lasse Heje Pedersen, Professor at Copenhagen Business School and New York University and Principal at AQR Capital Management)
“An excellent assessment of the latest thinking on asset allocation. It combines useful insights with hard evidence within an engaging story-telling style.” (Amin Rajan, CEO of CREATE-Research)“Henrik credibly represents an archetypical translator between the world of academia and practice. His numerous teaching awards count as reference. So does his latest book on asset allocation. Disruptive forces are challenging traditional concepts and beliefs in the asset management industry. Henrik undertakes a careful, caring and understandable reflection on which established best practices are still to be considered and which to be ignored. Overall,his book offers applicable orientation for asset allocation practitioners.” (Markus Schuller, Managing Partner, Panthera Solutions and Adjunct Professor, International University of Monaco)
“As the price of money starts going up, asset allocation decisions will be pivotal in determining who will be able to obtain positive real returns across asset classes. It is easy to make money when interest rates go down, not that easy when they go up. That is why this book is so critical precisely at these times.” (Ignacio de la Torre, Chief Economist, Arcanopartners and Academic Director, I.E. Business School)
Authors and Affiliations
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Instituto de Empresa Business School, Madrid, Spain
Henrik Lumholdt
About the author
Bibliographic Information
Book Title: Strategic and Tactical Asset Allocation
Book Subtitle: An Integrated Approach
Authors: Henrik Lumholdt
DOI: https://doi.org/10.1007/978-3-319-89554-3
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer International Publishing AG, part of Springer Nature 2018
Hardcover ISBN: 978-3-319-89553-6Published: 31 July 2018
Softcover ISBN: 978-3-030-07802-7Published: 22 December 2018
eBook ISBN: 978-3-319-89554-3Published: 21 July 2018
Edition Number: 1
Number of Pages: XX, 251
Number of Illustrations: 65 b/w illustrations
Topics: Investments and Securities, Investment Appraisal, Capital Markets, Personal Finance/Wealth Management/Pension Planning