Click to login and read the full article.
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600
Abstract
The key to successful active investing is reaching targeted exposure levels to information sources—a never-ending balancing act for portfolio managers.
Portfolio managers typically have a picture in mind of an exposure they want to get to, but they often don’t know how to achieve the desired exposure level or how long it will take, reports Leigh Sneddon, a Managing Director in the Risk and Quantitative Analysis Group at BlackRock in San Francisco.
In Dynamic Exposure Targeting , which was published in the Summer 2012 issue of The Journal of Portfolio Management , Sneddon and co-author Vyacheslav Yukhymuk get to the bottom of the combined effects of portfolio and signal dynamics. Yukhymuk is a Director in Blackrock’s Risk and Quantitative Analysis Group.
This Practical Applications report details how their research can help portfolio managers predict and manage the timing and extent of a portfolio’s exposure to its information sources.
- The content is made available for your general information and use and is not intended for trading or other specific investment advice purposes or to address your particular requirements. We do not represent or endorse the accuracy or reliability of any advice, opinion, statement, or other information provided any user of this publication. Reliance upon any opinion, advice, statement, or other information shall also be at your own risk. Independent advice should be obtained before making any such decision. Any arrangements made between you and any third party named in this publication are at your sole risk.
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600