DynaPorte - Free Seminar!

If you are responsible for creating portfolios of investments, funds or managers, then you already know how difficult it can be to do asset allocation on a purely quantitative basis. Using a static Markowitz mean-variance model can pose as many questions as it answers. How do you decide the length of history to employ when forming the necessary means, standard deviations and correlation coefficients? What can be done about skewed performance distributions that causes the mean-variance model to produce inaccurate answers? How can you get away from the poor relationship between average historical performance and the resulting future performance returns?

The problem is that the Markowitz Modern Portfolio Theory (MPT) model is a static model. It has no built-in procedure for adapting to the changing macroeconomic conditions that influence markets. Most users of the MPT simply specify the average performance of the last 5-10 years as the inputs to the mean-variance approach. In the end, this simply amounts to an organized trend-following procedure. It can never adapt to changing conditions.

Finally, there is a quantitative procedure that goes beyond the static approach of the traditional MPT model. This new procedure, called DynaPorte, adapts itself to current economic and market conditions. The tools available in DynaPorte allow you to discover those measures of the economy or the underlying markets that are the right measures to adapt to . Then you can build a dynamic model that shows you how to change your asset allocation when these important macroeconomic factors change.

This seminar titled CREATING DYNAMIC PORTFOLIOS is not a demonstration of the DynaPorte software. The seminar delves in to the theory behind the need for a dynamic portfolio approach and the results that are obtainable from dynamic asset allocation. These subject have never been presented before . You are invited to attend a unique investigation into the profits attainable by following a dynamic portfolio methodology.

The slides shown in the slideshow below from the seminar presentation can give you an idea of the details to be covered. Each attendee will receive a printed set of all slides presented.

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