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Investing Glossary:
Tactical Asset Allocation (TAA)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Tactical Asset Allocation (TAA)
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| Definition: |
| Portfolio Strategy that allows Active departures from the normal Asset mix according to specified objective measures of value. Often called active management. It involves Forecasting asset returns, volatilities, and correlations. The forecasted variables may be functions of fundamental variables, economic variables, or even technical variables.
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