The Importance of Asset Allocation PoorSatisfactoryGoodVery GoodExcellent Average: 3.5 (2 ratings) Log in to rate this article. Financial Analysts Journal March/April 2010 | Vol. 66 | No. 2 | 2 pages Source: CFA InstituteRoger G. Ibbotson US$0.00 Member | US$0.00 Candidate | US$0.00 Nonmember Read Abstract This article discusses the impact on performance of the long-term asset allocation policy relative to the impact of active management. Most of the variation in time-series returns for a typical fund comes from general market movement. The remaining variation comes about equally from asset allocation policy and active management. View more information Topics Performance Measurement and Evaluation : Performance Attribution · Return Measures (Arithmetic, Geometric, Time Weighted, Dollar Weighted) | Portfolio Management : Asset Allocation Credits · About the CE Program 0.5 CE (including 0 SER) Record credits Credits recorded Members, log in to record your credits. Manage CE Credits People who viewed this page also viewed: Correlation, Return Gaps, and the Benefits of Diversification This paper suggests that correlation is not the best indicator for diversification in that the benefits of diversification depend on not ... More Top Hedge Fund Investors: Stories, Strategies, and Advice This book chronicles top hedge fund investors that played key roles in the industry, including substantial information on manager sourcing, ... More Credit Suisse Global Wealth Report The "Credit Suisse Global Wealth Report" is a comprehensive study of world wealth that analyzes the world’s entire 200 trillion ... More Loading ...