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Strategic and tactical asset allocation - is it really used?

Gustafsson, Johanna LU (2014) NEKH01 20141
Department of Economics
Abstract
The purpose with this thesis is to examine if strategic and tactical asset allocation are used within Swedish balanced funds and to outline how these investment strategies are used, by identifying trends.

Compiled data over the asset allocation within Swedish balanced funds 12 years back has been analyzed by defining strategic and tactical asset allocation in quantitative terms. With several hypothesis tests a conclusion was drawn that there are significant long term trends for three out of four asset classes. Over time, the amount of equities has decreased and the amount of other derivatives and unit trusts have increased. Tactical asset allocation has been used within Swedish balanced funds and it is a function of stock index,... (More)
The purpose with this thesis is to examine if strategic and tactical asset allocation are used within Swedish balanced funds and to outline how these investment strategies are used, by identifying trends.

Compiled data over the asset allocation within Swedish balanced funds 12 years back has been analyzed by defining strategic and tactical asset allocation in quantitative terms. With several hypothesis tests a conclusion was drawn that there are significant long term trends for three out of four asset classes. Over time, the amount of equities has decreased and the amount of other derivatives and unit trusts have increased. Tactical asset allocation has been used within Swedish balanced funds and it is a function of stock index, conjunction indicator and interest rates for almost all asset types. (Less)
Please use this url to cite or link to this publication:
author
Gustafsson, Johanna LU
supervisor
organization
course
NEKH01 20141
year
type
M2 - Bachelor Degree
subject
keywords
Strategic asset allocation, tactical asset allocation, asset allocation, investment strategies, balanced funds.
language
English
id
4523050
date added to LUP
2014-06-30 14:14:07
date last changed
2014-06-30 14:14:07
@misc{4523050,
  abstract     = {The purpose with this thesis is to examine if strategic and tactical asset allocation are used within Swedish balanced funds and to outline how these investment strategies are used, by identifying trends.

Compiled data over the asset allocation within Swedish balanced funds 12 years back has been analyzed by defining strategic and tactical asset allocation in quantitative terms. With several hypothesis tests a conclusion was drawn that there are significant long term trends for three out of four asset classes. Over time, the amount of equities has decreased and the amount of other derivatives and unit trusts have increased. Tactical asset allocation has been used within Swedish balanced funds and it is a function of stock index, conjunction indicator and interest rates for almost all asset types.},
  author       = {Gustafsson, Johanna},
  keyword      = {Strategic asset allocation,tactical asset allocation,asset allocation,investment strategies,balanced funds.},
  language     = {eng},
  note         = {Student Paper},
  title        = {Strategic and tactical asset allocation - is it really used?},
  year         = {2014},
}