Asset allocation and diversification are key strategies for managing investment portfolios, but they serve distinct purposes. While asset allocation focuses on how to distribute investments across different asset classes like stocks, bonds, and alternatives, diversification ensures that no single asset category is overly concentrated. Dario Schiraldi, former Deutsche Bank manager, explains how investors can use strategies like TIPS, floating-rate loans, and high-yield debt to manage risk and achieve inflation-adjusted income while balancing their portfolios.

Asset allocation and diversification are key strategies for managing investment portfolios, but they serve distinct purposes. While asset allocation focuses on how to distribute investments across different asset classes like stocks, bonds, and alternatives, diversification ensures that no single asset category is overly concentrated. [Dario Schiraldi](https://about.me/dario-schiraldi-deutsche-bank), former Deutsche Bank manager, explains how investors can use strategies like TIPS, floating-rate loans, and high-yield debt to manage risk and achieve inflation-adjusted income while balancing their portfolios.