Question: Asset allocation explains a large portion of a portfolio return. However, the implementation issues involved inthe asset allocation process may reduce the efficiency of the
Asset allocation explains a large portion of a portfolio return. However, the implementation issues involved inthe asset allocation process may reduce the efficiency of the asset allocation strategy, especially theootentia behavioural issues. What potential behavioural issues mav arise during the implementation of asseallocation? Explain.(5 marks, less than 120 words)
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