Practical Application of the Black-Litterman Asset Allocation Model

Course Overview

Mean-variance optimization remains the quantitative approach preferred in most asset allocation analyses today. The Black-Litterman Model addresses a key weakness to mean-variance optimization by stabilizing the asset weights around the equilibrium solution defined by the market and adds the powerful capability to incorporate the user’s views of future market trends. This intensive and interactive iRisk Webinar provides an overview of mean-variance optimization, a detailed examination of the Black-Litterman model and practical Excel implementation and case studies.