Tactical Asset Allocation

( TAA)
portfolio strategy that allows active departures from the normal asset mix according to specified objective measures of value. Often called active management. It involves forecasting asset returns, volatilities ( volatility), and correlations. The forecasted variables may be functions of fundamental variables, economic variables, or even technical variables. Bloomberg Financial Dictionary
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An asset allocation 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. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

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  • Global tactical asset allocation — Global Tactical Asset Allocation, or GTAA, is an investment strategy that attempts to exploit short term market inefficiencies by establishing positions in an assortment of markets with a goal to profit from relative movements across those… …   Wikipedia

  • Cyclical tactical asset allocation — Stock price and bond yield movements are connected to changes in the economic environment. The cyclical approach to Tactical asset allocation involves monitoring economic environment for patterns that have historically led to trends in stock… …   Wikipedia

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  • Stock selection criteria — is a strategy in which an analyst or investor uses a systematic form of analysis to determine if a particular stock constitutes a good investment which should be added to their portfolio. The objective of stock selection criteria is maximizing… …   Wikipedia

  • Cliff Asness — Clifford Asness Born October 1, 1966 (1966 10 01) (age 45) Queens, New York Fields Mathematical Finance …   Wikipedia

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