But then the question arises: How is tactical asset allocation
distinguished from a market-timing-based buy-sell strategy, which entails predicting future price movements?
More conservative investments 69% Guaranteed income features 65% income investments 46% Tactical asset allocation
44% Alternative investments 40% infiation protection 28% Tax-advantaged investments 22% Cash investments 21% Note: Table made form bar graph.
"Quiet Giant" BGI has $800 billion in assets while managing over 1,500 funds as the world's largest provider of indexing, tactical asset allocation
, an quantitative active strategies.
Barclays Global Investors is the world's largest institutional investment manager, and the world's largest provider of structured investment strategies such as indexing, tactical asset allocation
, and quantitative active strategies.
Given an optimal strategic asset allocation, the second lever is tactical asset allocation
: the deviation from long-term asset allocation to capture medium-term market opportunities.
While tactical asset allocation
strategies tend to underperform the market in rising markets, they significantly out perform the market when the market is falling, producing an overall net improvement over a complete market cycle.
UBS is reducing its size of the overweight position in global equities in our tactical asset allocation
In addition, Lee has served on the advisory board of The Journal of Portfolio Management since 1997 and is the author of the book Theory and Methodology of Tactical Asset Allocation
Hull Tactical Asset Allocation
LLC and Exchange Traded Concepts LLC serves as the investment advisers and Vident Investment Advisory LLC serves as a sub adviser to the fund.
* 86% did not worry that automated advice would render the traditional, high-touch advisory model obsolete--they did not think robo-advisors could deliver the tactical asset allocation
needed, particularly in down markets.
These investment approaches -- which include actively managed stock selection, dynamic or tactical asset allocation
, and the use of alternative investments, among others -- are a core tool for the majority of advisors and investment managers.