Not exact matches
And so what Marks is saying is that it does not matter if your
portfolio holds a bunch of, say, «AAA» - rated corporate bonds and highly - rated government bonds like US Treasuries, which are,
in theory, highly
liquid assets.
More broadly, the regulatory agencies
in the United States and the Financial Stability Board internationally have work under way focusing on possible fire - sale risk associated with the growing share of less
liquid bonds
held in asset management
portfolios on behalf of investors who may be counting on same - day redemption when valuations fall.
Ultimately, TIP
holds a broad and diversified
portfolio of TIPS
in an extremely
liquid and efficient package.
What any individual bank needs to
hold to maintain its liquidity
in the face of stochastic adverse clearings,
in addition of course to reserves of outside money, is not one specific type of earning asset, but a
portfolio that includes enough
liquid assets, meaning assets that can be sold on short notice with negligible losses from bid - ask spreads.
Liquid and UST funds also
hold an equally good credit quality (investment grade AA / AAA)
in their
portfolios.
Liquid Alternatives are simply hedge fund strategies wrapped
in a mutual fund format... From a practical standpoint, investors should view these strategies as a way to diversify either bond or stock
holdings in order to provide non-correlated returns to their investment
portfolios, cushion
portfolios against downside risks, and improve risk - adjusted returns.
In terms of how this relates to asset allocation in retirement, if you are comfortable with any given 5 year period being slightly below breakeven on a worst case basis, you could consider having about 5 years» worth of expenses in more liquid and safe assets and have comfort that the rest of your portfolio in stocks will at least hold their value pretty wel
In terms of how this relates to asset allocation
in retirement, if you are comfortable with any given 5 year period being slightly below breakeven on a worst case basis, you could consider having about 5 years» worth of expenses in more liquid and safe assets and have comfort that the rest of your portfolio in stocks will at least hold their value pretty wel
in retirement, if you are comfortable with any given 5 year period being slightly below breakeven on a worst case basis, you could consider having about 5 years» worth of expenses
in more liquid and safe assets and have comfort that the rest of your portfolio in stocks will at least hold their value pretty wel
in more
liquid and safe assets and have comfort that the rest of your
portfolio in stocks will at least hold their value pretty wel
in stocks will at least
hold their value pretty well.
Risks involved with futures contracts include imperfect correlation between the change
in the market value of the stocks
held by the
portfolio and the prices of futures contracts and options, and the possible lack of a
liquid secondary market for futures or options contracts, and the resulting inability to close a futures contract prior to its maturity date.
Ultimately, TIP
holds a broad and diversified
portfolio of TIPS
in an extremely
liquid and efficient package.