About this Lecture

This lecture instructs IMAC candidates on practical issues in setting a strategic asset allocation for a portfolio including:

• the importance of the Strategic Asset Allocation;
• diversifying across industries versus across countries;
• reasons for and evidence on home country bias in asset allocation;
• the costs and benefits of home country bias in asset allocation;
• the impact of tax on decisions about the Strategic Asset Allocation;
• different perspectives on how to manage currency in a portfolio;
• re-shaping the return distribution of a portfol...