Tactical Asset Allocation (TAA)
An active management portfolio strategy that rebalances the percentage of assets held in various categories in order to take advantage of market pricing anomalies or strong market sectors. Investopedia Says:
This strategy allows portfolio managers to create extra value by taking advantage of certain situations in the marketplace. It is as a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved. Related Terms:
Active Management
Asset
Asset Allocation
Global Industry Classification Standard - GICS
Portfolio
Portfolio Manager
Strategic Asset Allocation
The Kelly Criterion
Treynor-Black Model |