TACTICAL ASSET ALLOCATION (T.A.A.)


Meaning of TACTICAL ASSET ALLOCATION (T.A.A.) in English

Portfolio strategy that allows active departures from the normal asset mix based upon rigorous objective measures of value. Often called active management. It involves forecasting asset returns , volatilities and correlations . The forecasted variables may be functions of fundamental variables, economic variables or even technical variables.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.