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Top-down approach

   Also found in: Wikipedia 0.01 sec.
Top-down approach
A method of security selection that starts with asset allocation and works systematically through sector and industry allocation to individual security selection.


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He follows a top-down approach, first establishing the framework for no-arbitrage models and then discussing the representative Hull-White model, the market model, and affine models.
Enthusiasts for a top-down approach should revisit the 1993 "Hillary Care" proposal, 1,000 pages of rules and regulations that would have broadly expanded government involvement in the nation's health-care system while limiting patient choice.
Take a top-down approach to cleaning each floor You should use this approach in terms of the floors of your home.
 
 
 
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