{"product_id":"frontiers-of-modern-asset-allocation-9781118115060","title":"Frontiers of Modern Asset Allocation","description":"\u003cb\u003eInnovative approaches to putting asset allocation into practice\u003c\/b\u003e \u003cp\u003eBuilding on more than 15 years of asset-allocation research, Paul D. Kaplan, who led the development of the methodologies behind the Morningstar Rating(TM) and the Morningstar Style Box(TM), tackles key challenges investor professionals face when putting asset-allocation theory into practice. This book addresses common issues such as: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow should asset classes be defined?\u003c\/li\u003e \u003cli\u003eShould equities be divided into asset classes based on investment style, geography, or other factors?\u003c\/li\u003e \u003cli\u003eShould asset classes be represented by market-cap-weighted indexes or should other principles, such as fundamental weights, be used?\u003c\/li\u003e \u003cli\u003eHow do actively managed funds fit into asset-class mixes?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eKaplan also interviews industry luminaries who have greatly influenced the evolution of asset allocation, including Harry Markowitz, Roger Ibbotson, and the late Benoit Mandelbrot. Throughout the book, Kaplan explains allocation theory, creates new strategies, and corrects common misconceptions, offering original insights and analysis. He includes three appendices that put theory into action with technical details for new asset-allocation frameworks, including the next generation of portfolio construction tools, which Kaplan dubs \"Markowitz 2.0.\"\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/27\/2011\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781118115060\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 416\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.37lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.45h x 6.25w x 1.31d","brand":"Paul D. Kaplan","offers":[{"title":"Default Title","offer_id":43418285408437,"sku":"9781118115060","price":80.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/files\/img_684467e1-0cfa-4b6a-94c2-8e5b27c489a2.jpg?v=1703003942","url":"https:\/\/pastforward.org\/products\/frontiers-of-modern-asset-allocation-9781118115060","provider":"Past Forward","version":"1.0","type":"link"}