Asset allocation is a crucial and continually popular topic among investors of all types. The Art of Asset Allocation is a practical, hands-on guide that shows finance professionals and individual investors how to achieve an asset balance designed to thrive in a wide range of financial market environments. David Darst, author of the highly acclaimed The Complete Bond Book, provides a comprehensive framework for using asset allocation principles in bull, bear, or non-trending markets. This complete asset allocation guide contains: Differences between tactical and strategic asset allocation--and the advantages of each Effective tools for determining asset allocation strategies Asset class descriptions and historical risk and return statistics for all major asset classes Rebalancing guidelines Investor behavior analysis Practical financial worksheets, charts, and other illustrative tools An annotated guide to traditional and Internet-based information sources