Global Tactical Asset Allocation A World of Opportunity April 2006 Greg Nordquist Senior Portfolio Manager Global tactical asset allocation (GTAA) is a relatively new and evolving investment strategy that goes far beyond the format and limitations of traditional tactical asset allocation strategies, incorporating active currency management and utilizing long/short strategies. In addition to using GTAA as a stand-alone active strategy, investors may choose to adapt GTAA as a source of active returns in a portable alpha strategy. This Russell Research paper provides an overview of Russell's latest insights on GTAA, including answers to the following questions:   What are the latest advancements in GTAA? What are some of the risks and potential benefits your organization will want to consider before investing in GTAA? How could GTAA be used as part of a portable alpha strategy? Request this Research A note about our research Our proprietary research is made available to our institutional clients, and many of these published papers are available to other institutional investors as well. If you are not a Russell client, but are an institutional investor, we welcome you to request this research piece. We only require your contact information on a short request form. For more information about our research, please contact Rob or Gerry:   West Coast   East Coast Rob Ciro Director 866-926-5934 Gerry Lillis Director 866-459-4128 Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Bond investors should carefully consider risks such as interest rate risk, credit risk, securities lending, repurchase and reverse repurchase transaction risk. Greater risk is inherent in portfolios that invest primarily in high yield bonds. They are subject to additional risks, such as limited liquidity and increased volatility. Non-U.S. markets entail different risks than those typically associated with U.S. markets, including currency fluctuations, political and economic instability, accounting changes, and foreign taxation. Securities may be less liquid and more volatile. Russell Institutional Services Inc. Date of first use: April 2006 USIMSLRC1330			Related Information Request this Research   Contact Details West Coast contact Rob Ciro Director 866-926-5934 East Coast contact Gerry Lillis Director 866-459-4128 Printer friendly version of this page