There is a second cost that must be mentioned that is specific to tactical asset allocation.
Tactical asset allocation strategies may also lead to higher tax expense in a taxable account.
Macro hedge funds use tactical asset allocation strategies in an attempt to bet the markets.
Swenson is not alone among endowments using ETFs as a major part of their tactical asset allocation strategies.
Some advisors have outsourced tactical asset allocation decisions to sub-advisors who run model portfolios using index funds and ETFs.
The performance of advisors who do tactical asset allocation is a hidden world.
Michael is a respected financial planner and publisher who adamantly believes that tactical asset allocation is not market timing.
The results of tactical asset allocation models recommended by the major brokerage firms are regularly published in the Journal.
One way that you do that is to have a tactical asset allocation that scours the globe for investment opportunities.
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Tactical asset allocation is a strategy that tries to shift money among different investments at different times based on market forecasts.
Tactical asset allocation has a higher maintenance cost than a fixed allocation and this puts the strategy at a disadvantage from the start.
Some assistance in answering the diversification question is to see if your portfolio has any tactical asset allocation strategies, alternative investments and more.
Tactical asset allocation attempts to achieve superior portfolio returns over a fixed allocation by varying the allocations among asset classes in a timely manner.
"Based on that framework, we periodically review our portfolio and make adjustments to our tactical asset allocation level, " said Mr. Wang, who holds a Ph.
Michael Kitces and I took opposites sides in the market timing versus tactical asset allocation debate during a recent interview published in CFA Magazine.
The AdvisorShares Cambria Global Tactical Asset Allocation ETF (GTAA) is one interesting combination of the asset allocation strategy with another recent phenomenon, the actively managed ETF.
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According to the Jefferson National survey, advisors reported that 66 percent of their clients were more confident with a tactical asset allocation strategy than a buy-and-hold strategy.
Nonetheless, a survey by Cerulli Associates shows the number of advisors employing some form of tactical asset allocation is now at 61 percent, up 8.3 percent from 2010.
Armed with index funds and strategies like sector rotation, relative value and tactical asset allocation, these advisers all attempt to earn their keep by beating benchmarks net of fees.
The problem with tactical asset allocation is that it looks, sounds, smells, tastes, acts and feels so much like market timing that calling it anything but market timing becomes an issue in itself.
Boyazny brought her philosophy and vision into the investment world by advocating a tactical approach to asset allocation.
This forecast is intended for making long-term asset allocation decisions as opposed to short-term tactical decision.
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The obvious benefit to dynamic asset allocation is that it enables advisors to achieve some sort of middle ground between strategic and tactical.
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