| 释义 |
Portfolio restructuring Portfolio restructuringApplies to derivative products. Recomposition of a portfolio's asset mix by selling off undesired asset types (equities, debt, or cash) or specific securities within that class, while simultaneously buying desired types or securities. Often a firm is asked to bid on an old portfolio and give an offering of the desired portfolio. See: Program trading.Portfolio RestructuringAn active management strategy for a portfolio or fund in which the investor or money manager changes the securities represented in the portfolio or fund as changes to one's investment goals change. Portfolio restructuring involves the sale of assets no longer needed or wanted and the purchase of different ones. The term implies that this occurs at a fundamental level; that is, rather than selling a few securities here and there, the investor or money manager is changing the basic structure of the portfolio or fund. The investor or money manager may use fundamental, technical, and/or macroeconomic analysis in determining when and how to change the securities in the portfolio or fund. See also: Asset allocation. |