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We were operating on a global basis with one fund, one team and no pre-set allocation to either geography or stage or sector.
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Some researchers pre-set the allocation of the streams ahead of targeting [Polley, G. T., & Panjeh Shahi, M. H. (1991). Interfacing heat exchanger network synthesis and detailed heat exchanger design. Transactions of the Institute of Chemical Engineers, 69(Part A), 445 457].
Also, international numbers must be pre-set.
"Optimal vs. rule" is the difference between the root mean squared error for an optimal training set allocation and for the "2/3 rds to training set" allocation rule.
This week, Forbes.com's mutual fund experts discussed target date funds in the wake of a Vanguard study finding that these pre-set asset allocations funds often saved investors from letting their portfolios fall seriously out of balance.
On the other hand, dynamic channel assignment enables the fixed channel allocation methods to maintain a pre-set range of channels allocated to a cell and then varies based on the users' mobility due to vehicular movement.
This process is not the same as rebalancing, where allocations are periodically returned to a pre-set percentage weighting.
This was a pre-set plan.
Although it pursues disparate technologies, the firm has no set allocation among its investment areas.
He diversifies every penny, re-investing dividends at his set allocation.
"We set our allocation and stick with it," Mr. Gorence said.
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