The Art of Asset Allocation: Asset Allocation Principles and Investment Strategies for Any Market

Front Cover
McGraw Hill Professional, 2003 - Business & Economics - 396 pages
1 Review

An accessible guide to portfolio-enhancing asset management in bull or bear markets

Asset allocation is a crucial and continually popular topic among investors of all types. The Art of Asset Allocation is a practical, hands-on guide that shows finance professionals and individual investors how to achieve an asset balance designed to thrive in a wide range of financial market environments. David Darst, author of the highly acclaimed The Complete Bond Book, provides a comprehensive framework for using asset allocation principles in bull, bear, or non-trending markets. This complete asset allocation guide contains:

  • Differences between tactical and strategic asset allocation--and the advantages of each
  • Effective tools for determining asset allocation strategies
  • Asset class descriptions and historical risk and return statistics for all major asset classes
  • Rebalancing guidelines
  • Investor behavior analysis
  • Practical financial worksheets, charts, and other illustrative tools
  • An annotated guide to traditional and Internet-based information sources

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Foundations of Asset Allocation
7
The Asset Allocation Process
21
Intersections of Asset Allocation with Other Disciplines
34
Copyright

21 other sections not shown

Common terms and phrases

About the author (2003)

David Darst is a Managing Director and Chief Investment Officer for Morgan Stanley Private Wealth Management, with responsibility for asset allocation and investment strategy, and was the founding President of the Morgan Stanley Investment Group. A highly sought speaker, Darst also wrote The Complete Bond Book and The Handbook of the Bond and Money Markets. A graduate of Yale University and Harvard Business School, where he has served as a visiting faculty member, Darst has authored numerous articles which have appeared in financial publications including Barron's, Euromoney, and The Money Manager.

Bibliographic information