The target allocation for a specific asset class has been set at 20% of total assets under an asset allocation scheme. The manager is permitted to reduce this percentage to 15%; and can increase it to 25%; as he or she sees fit. The setting of the 20% target allocation is called:A. portfolio rebalancing
B. strategic asset management
C. tactical asset management
D. active asset management
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The target allocation for a specific asset class has been set at 20% of total assets under an asset...
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