High Yield Corporate Bond Portfolio Optimization
The fixed maturity, cash flow and risk characteristics of high-yield corporate bonds distinguish them from equities and complicate a direct application of well established optimization techniques such as Markowitz's mean-variance model and Sharpe ratio maximization. This can partly explain why...
| Main Authors: | , |
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| Format: | Others |
| Language: | English |
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KTH, Optimeringslära och systemteori
2014
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| Subjects: | |
| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-146746 |