Asset Allocation Strategy Review overview

Reviews strategic and tactical asset allocation against policy benchmarks — evaluating long-term capital market assumptions (expected returns, volatilities, correlations) for staleness, comparing realized allocation drift against strategic targets, assessing tactical tilts against macro regime indicators, reviewing benchmark appropriateness and peer-group comparison, and stress-testing allocation under tail scenarios. Produces allocation review memos with recommended adjustments, benchmark comparison tables, and efficient frontier analysis. Excludes individual security selection and execution.