Strategic Asset Allocation: Portfolio Selection for Long-Term Investors: Portfolio Selection for Long-Term Investors

Author: John Y. Campbell
Publisher:
Publish Date: 2004-01-01
Features: With the ever-growing scale of China's securities market, the era of blue-chip investment, represented by fund investment, is gradually approaching, on the verge of arrival. This series of books covers mainstream varieties in the international fund industry today, including hedge funds, index funds, pension funds, exchange-traded funds, and various asset investment portfolios such as bonds and stocks. As carefully selected outstanding works, this series features representative pieces. This book will spark the enthusiasm of professionals in the fields of investment advisors, personal trust management, and brokerage services, as well as every researcher and practitioner in the field of pension studies and actual work. It is a must-read for professionals who wish to understand and improve their recommendations for pension plans. It is precisely because of Campbell and Vancele's outstanding contributions to the empirical research on long-term asset allocation in the book, presented in an easy-to-understand manner, that they were jointly awarded the prestigious Paul A. Samuelson Medal in Western economics in 2002!