- UID
- 223450
- 帖子
- 359
- 主题
- 10
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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We have our Policy Portfolio that is based on our long term capital market expectations and is made up of our strategic asset allocations. If we want to deviate from our strategic asset allocation in the short term, we can make some tactical asset allocation decisions. But all of these decisions occur within the same portfolio (I’m assuming there is only 1 overall portfolio). My question is, when do Core Portfolio and Satellite portfolios come into play - where it seems as if there is actually more than 1 portfolio?
Thanks in advance |
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