Understanding
Portfolio Management Styles:
when you own is more important than
what you own.
Risk management layer is added to existing fundamental or allocation approaches. Assets are repositioned to avoid losses during market weakness.
Forecasts:
Near-term market, economic & financial conditions.
Focus:
Statistical measurement of current interrelated market factors.
Problem:
This method can limit the upside of a stock or bond profit. Generally, that is offset by avoiding down markets.