Asset Allocation
/ˈæsɛt ˌæləˈkeɪʃən/
Definitions
- (n.) The strategic distribution of investment funds among various asset categories to optimize risk and return in compliance with fiduciary duties and regulatory standards.
The trust's asset allocation must align with the beneficiary's best interests under applicable law.
Forms
- asset allocation
Related terms
See also
Commentary
In legal contexts, asset allocation decisions often implicate fiduciary duties and regulatory frameworks, particularly in trust and investment management.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.