HARTFORD, Conn.-- The Hartford Financial Services Group along with Ibbotson Associates, recently surveyed investors and found that eight out of 10 investors indicated that they are practicing asset allocation. However, when asked to describe what they believe asset allocation is, the majority describe simple "diversification" of assets rather than true asset allocation.
The survey also found that there was a strong relationship between familiarity with asset allocation and investor sophistication and success. Those who claim to be most familiar with asset allocation tend to have greater invested assets and believe that their investments have exceeded expectations.
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