{"product_id":"9781119817710-asset-allocation","title":"Asset Allocation","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eFrom Theory to Practice and Beyond\u003cbr\u003e\u003cp\u003e\u003cb\u003eDiscover a masterful exploration of the fallacies and challenges of asset allocation \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn \u003ci\u003eAsset Allocation: From Theory to Practice and Beyond\u003c\/i\u003e—the newly and substantially revised \u003ci\u003eSecond Edition\u003c\/i\u003e of \u003ci\u003eA Practitioner’s Guide to Asset Allocation\u003c\/i\u003e—accomplished finance professionals William Kinlaw, Mark P. Kritzman, and David Turkington deliver a robust and insightful exploration of the core tenets of asset allocation.\u003c\/p\u003e \u003cp\u003eDrawing on their experience working with hundreds of the world’s largest and most sophisticated investors, the authors review foundational concepts, debunk fallacies, and address cutting-edge themes like factor investing and scenario analysis. The new edition also includes references to related topics at the end of each chapter and a summary of key takeaways to help readers rapidly locate material of interest.\u003c\/p\u003e \u003cp\u003eThe book also incorporates discussions of:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eThe characteristics that define an asset class, including stability, investability, and similarity\u003c\/li\u003e\n\u003cli\u003eThe fundamentals of asset allocation, including definitions of expected return, portfolio risk, and diversification\u003c\/li\u003e\n\u003cli\u003eAdvanced topics like factor investing, asymmetric diversification, fat tails, long-term investing, and enhanced scenario analysis as well as tools to address challenges such as liquidity, rebalancing, constraints, and within-horizon risk.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003ePerfect for client-facing practitioners as well as scholars who seek to understand practical techniques, \u003ci\u003eAsset Allocation: From Theory to Practice and Beyond \u003c\/i\u003eis a must-read resource from an author team of distinguished finance experts and a forward by Nobel prize winner Harry Markowitz.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":39546694631521,"sku":"9781119817710","price":26.32,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_28169282.jpg?v=1722541794","url":"https:\/\/www.rarewaves.com\/products\/9781119817710-asset-allocation","provider":"Rarewaves.com","version":"1.0","type":"link"}