DISCOVER THE LATEST ESSENTIAL RESOURCE ON ASSET ALLOCATION FOR STUDENTS AND INVESTMENT PROFESSIONALS. Part of the CFA Institute’s three-volume _Portfolio Management in Practice _series, _Asset Allocation _offers a deep, comprehensive ­treatment of the asset allocation process and the underlying theories and markets that support it. As the second volume in the series, _Asset Allocation _meets the needs of both graduate-level students focused on finance and industry professionals looking to become more dynamic investors. Filled with the insights and industry knowledge of the CFA Institute’s subject matter experts, _Asset Allocation _effectively blends theory and practice while helping the reader expand their skillsets in key areas of interest. This volume provides complete coverage on the following topics: * Setting capital market expectations to support the asset allocation process * Principles and processes in the asset allocation process, including handling ESG-integration and client-specific constraints * Allocation beyond the traditional asset classes to include allocation to alternative investments * The role of exchange-traded funds can play in implementing investment strategies * An integrative case study in portfolio management involving a university endowment To further enhance your understanding of tools and techniques explored in _Asset Allocation_, don’t forget to pick up the _Portfolio Management in Practice, Volume 2: Asset Allocation Workbook_. The workbook is the perfect companion resource containing learning outcomes, summary overview sections, and challenging practice questions that align chapter-by-chapter with the main text.