Information on new portfolio management and asset allocation techniques has so far been confined to technical articles and are usually hard to understand by non-professionals. This book fills a massive gap in the market by bringing this topic right up to date. Bestselling Wiley Finance author Francois-Serge Lhabitant provides comprehensive but easy to understand coverage of the new ideas and insights in asset allocation. The book explores new portfolio management techniques, and defines a new, practical framework which will help investors match portfolios to their needs, rather than one that fits a predefined investment profile. The book answers all the common and not so common questions including those on alternative assets, and will prove an excellent addition to the investment professional's bookshelf.