Varying cross-sectional volatility in the South African equity market and the implications for the management of fund managers
Modern portfolio theory is founded on an understanding of longitudinal volatility but it is the cross-sectional dispersion among investment returns that provide active portfolio managers with their competitive investment opportunities. The varying cross-sectional volatility in the South African equi...
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| Format: | Article |
| Language: | English |
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AOSIS
2011-06-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/491 |