SSgA's Brown says bet on TAA

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GLOBAL - State Street Global Advisor's chief investment officer Alan Brown believes that tactical asset allocation is on the verge of a comeback, as market conditions are far removed from the boom days of the 1990s.

According to Brown, TAA failed in the 1990s as “momentum strategies were the order of the day, and to take any decision to be out of the market generally hurt”. However, if one believes that the...

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