GUILD TO MULTI-ASSET INVESTING
Multi-asset investing has recently soared in popularity as investors seek portfolios that combine diversification, dynamic asset allocation and rick management.
As multi-asset investing markedly differs from single asset class investing, traditional single asset class portfolio managers can turn to Yoram Lustig's guide to get them up to speed on the new opportunity. What is multi-asset investing, exactly? How should investors choose the right strategies for their investment objectives? How should multi-asset portfolios be managed?
Lustig's book combines financial theory with a practical approach, providing detailed, step-by-step explanations on how to implement the principles it presents for a range of day-to-day investment scenarios.
Lustig has been a multi-asset manager for more than a decade, working with Aviva Investors in London, where he oversaw 120 multi-asset funds with some £70bn in assets under management. He also spent seven years at Merrill Lynch as head of portfolio construction, responsible for managing multi-asset discretionary portfolios, selecting investments, setting investment strategy, managing portfolio risk and producing performance analytics.
Unlike most portfolio managers concentrating on a single asset class, Lustig has deep knowledge of all types of asset classes ranging across equities, bonds, real estate and the full range of alternative investments. He says this is the book he was looking for when he started out, combining as it does coverage of all relevant academic studies which inform the strategies, as well as industry practices and real-life hands-on case studies in a 'living guide' to the job.