Portfolio Management

Index

• 2 and 20, hedge fund charge, 432
• 10‐K reports, usage, 303
• 60/40 benchmark portfolios, 460
• 60/40 equity/bond allocation, 457
• 60/40 rule, 627
• 401(k) allocations, age group classification, 39e
• 401(k) investors
  • investment option, 62
  • lifestyle mutual funds, development, 573
• 401(k) model, simplification, 66
• 401(k) plans, 7, 37, 59, 597
  • default options, 39
• 401(k) provider, 601
• 403(b) plans, 37
• 457 plans, 37
• 529 plan, 597

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• ABO. See Accumulated Benefit Obligation
• Absolute portfolio return, uncertainty, 17
• Absolute return
  • allocation, 458
  • strategies, 429
• ABSs. See Asset‐backed securities
• Account holdings, 38e
• Accredited investors, defining, 431
• Accrual basis, 489
• Accumulated Benefit Obligation (ABO), 33–34
• Accumulation phase. See Lifecycle
• Active cash manager, 54
• Active core portfolios, 412
• Active equity portfolio, 285
• Active large‐cap equity
  • guidelines (Montana Board of Investments), 278
  • investment, investment guidelines (State of Montana), 280e
• Active management, 47, 354–369
  • goals, 303–306
  • implications, 581–583
  • opportunities, 581–583
  • Outbox example, 308–311
  • passive management, contrast, 286–289
  • perspective, 199
  • record, 286–289
  • structured management, contrast, 412e
• Active managers
  • allocation, 199–200
  • cash, allocation, 201
  • impact, 198–202
  • selection, 602
• Active mandate
  • sample, 354–356
  • universes/benchmarks, 356–357
• Active mutual funds
  • investment mix, sample, 276e
  • performance, 287e
• Active portfolio
  • construction, 317–319
  • investment philosophy, 317
  • listing, sample, 318e
  • management ...