Strategic Asset Allocation Portfolio Choice for Long-Term Investors |
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Author:
| Campbell, John Y. Viceira, Luis M. |
Series title: | Clarendon Lectures in Economics Ser. |
ISBN: | 978-0-19-159604-9 |
Publication Date: | Nov 2003 |
Publisher: | Oxford University Press, Incorporated
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Book Format: | Online resource |
List Price: | USD $70.00 |
Book Description:
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This volume provides a scientific foundation for the advice offered by financial planners to long-term investors. Based upon statistics on asset return behavior and assumed investor objectives, the authors derive optimal portfolio rules that investors can compare with existing rules of thumb.
This volume provides a scientific foundation for the advice offered by financial planners to long-term investors. Based upon statistics on asset return behavior and assumed investor objectives, the authors derive optimal portfolio rules that investors can compare with existing rules of thumb.