Question
A client's asset mix changes due to fluctuations in the market, and the receipt of cash and investment income. The client wants the portfolio managed
A client's asset mix changes due to fluctuations in the market, and the receipt of cash and investment income. The client wants the portfolio managed actively, constantly rebalancing it to return the mix to its strategic long-run position. What type of asset allocation is the client requesting?
| Passive | ||
| Integrated | ||
| Dynamic | ||
| Tactical |
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
