RT Journal Article
SR Electronic
T1 ETFs and Asset Allocation
JF ETFs and Indexing
FD Institutional Investor Journals
SP 53
OP 56
VO 2012
IS 1
A1 John Redwood
YR 2012
UL http://guides.pm-research.com/content/2012/1/53.abstract
AB In this article, the author examines the case for concentrating investment expertise and activity on asset allocation. He argues that asset allocation makes a dominant impact on results. He advises funds to implement their chosen asset allocations in low-cost liquid ways, using ETFs to get exposure to selected asset categories. The author considers the case for indexing; describes the task of asset allocation; proposes how asset allocation can be researched and determined; looks at how ETFs provide a good means of implementing an asset allocation; and examines the differing types of ETF, explaining some of the risks and considerations needed when selecting which ETFs to use.