如题，好像不记得学过这个知识点，完全想不起来
lynn_品职助教 · 2023年08月10日
嗨，努力学习的PZer你好：
在基础班讲义的244页。
Discretionary TAA is predicated on the existence of manager skill in predicting and timing short-term market moves away from the expected outcome for each asset class that is embedded in the SAA policy portfolio.
Using signals, systematic TAA attempts to capture asset class level return anomalies that have been shown to have some predictability and persistence
举个栗子
看定义可以判断 statement 2 描述的是 systematic TAA，而不是discretionary TAA
----------------------------------------------就算太阳没有迎着我们而来，我们正在朝着它而去，加油！