Tag: allocation
On its own, a negative return strategy will appear to be a losing proposition, but in the context of a full portfolio, allocating to it may be beneficial.
Millennials should hold high equity allocations, but the financial crisis has left many of them underweight. Tactical solutions can put them back on track.
In portfolio construction, each asset can play a defined role. While finding superstars works in basketball, portfolios succeed more with a balanced team.
Optimal portfolios can underperform more naive constructions due to parameter uncertainty and instability over time.
