Handbook of Portfolio Construction: Contemporary Applications of Markowitz Techniques
Springer | 2009 | ISBN: 0387774386 | 792 pages | PDF | 8,9 MB
Springer | 2009 | ISBN: 0387774386 | 792 pages | PDF | 8,9 MB
Portfolio construction is fundamental to the investment management process. In the 1950s, Harry Markowitz demonstrated the benefits of efficient diversification by formulating a mathematical program for generating the "efficient frontier" to summarize optimal trade-offs between expected return and risk.