Portfolio Management Investment Strategy Given a Strategic Asset Allocation (the proportions/weights of the various asset classes), then you must find the appropriate vehicle to implement each asset class in the portfolio. For each asset class one can choose a passive (composition same as the index of the asset class) or an active approach (whereby composition […]

  Asset Allocation It is well known that risk and return are closely related. Higher returns are generally accompanied by higher risk (or variability of returns, usually measured by standard deviation of returns). For example, CDs or GICs (up to federally insured amounts) issued by banks have lower but fixed returns than expected returns of […]