Read Aloud
Listen to the content using your browser's built-in voice.
Read Aloud is not supported in this browser.
Asset Allocation
Asset allocation is the decision of how money is divided across assets such as equity, debt, gold, and cash.
A 30-year-old and a retiree may hold very different equity and debt mixes because their goals and risk capacity differ.
Institutional portfolio theory brought asset allocation to the center of modern investing.
Definition
Asset allocation is the decision of how money is divided across assets such as equity, debt, gold, and cash.
Case Study
A 30-year-old and a retiree may hold very different equity and debt mixes because their goals and risk capacity differ.
Historical Reference
Institutional portfolio theory brought asset allocation to the center of modern investing.
Illustration
