Asset characteristics based portfolio optimization on country indices
Mean-variance model of Markowitz is important milestone in the history of the quantitative finance but the model is problematic in real portfolio optimization implementations. The estimation error remains an insuperable problem to overcome despite of many improvements that enhance the performance of...
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| Format: | Dissertation |
| Language: | English |
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University of Oulu
2014
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| Online Access: | http://urn.fi/URN:NBN:fi:oulu-201406101756 http://nbn-resolving.de/urn:nbn:fi:oulu-201406101756 |