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Hardcover Portfolio Construction for Today's Markets: A Practitioner's Guide to the Essentials of Asset Allocation Book

ISBN: 0857196294

ISBN13: 9780857196293

Portfolio Construction for Today's Markets: A Practitioner's Guide to the Essentials of Asset Allocation

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Format: Hardcover

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Book Overview

For most of the past 50 years the simplest asset allocation solution was often the best. A balanced portfolio of stocks and bonds provided the investor with good returns. Unfortunately, this approach is not likely to work as well in the future. Interest rates are close to historic lows, equity valuations and bond prices appear stretched, and global economic growth has slowed. Investors need a new asset allocation solution.

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