Literature Category: Tactical

Sort byAlphabetical
Modernizing Portfolio Theory
Literature
Format: pdf
Publication Date: 07/13

Modern Portfolio Theory (MPT) and the study by Brinson, Hood & Beebower (BHB) are two portfolio construction influences have had a major impact on how we build portfolio for 30 years or more. This presentation discusses a few recent challenges associated with both that have led to investor discomfort, and attempt to provide some new thoughts or opinions on how to improve on these methods, such as the university endowment approach, combining strategic/dynamic/tactical approaches, as well as incorporating liquid alternatives.

Modernizing Portfolio Theory & the Liquid Endowment UMA
Investment Solutions
Format: pdf
Publication Date: 07/13

This presentation discusses the Liquid Endowment Model, a new paradigm of portfolio construction, and how it can address the shortcomings of Modern Portfolio Theory.

PMC Edge Portfolio
Investment Solutions
Format: pdf
Publication Date: 11/13

Managed by the Singer Team at William Blair & Company*, the PMC Edge Portfolio provides the sophistication of hedge fund investing without the associated lock-up restrictions and high fees. Following an approach similar to the team’s primary hedge fund, the portfolio is implemented using low-cost, highly liquid ETFs, and is suitable for investors who seek risk-managed, dynamic asset allocation and the potential for superior returns.

PMC Investment Committee Commentary: PMC Tactical ETF Core Rotation Portfolios
Commentaries
Format: pdf
Publication Date: 01/14

Staying in the PMC Tactical ETF Core Rotation Portfolios can provide the risk management clients need for the long term. Since they were launched on the Envestnet platform more than five years ago, these portfolios have been positioned defensively relative to the benchmarks, and opportunistically when sectors and markets present more attractive fundamentals, as called for by Innealta’s tactical model.

Pages