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Optimizing the performance of mean-variance portfolios in various markets: an “old-school” approach

The authors study the performance of mean-variance optimized (MVO) equity portfolios for retail investors in various markets in the U.S. and around the world. Actively managed equity mutual funds have relatively high fees and tend to underperform their benchmark. Index funds such as exchange traded...

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Auteurs principaux: Roberto Stein, Orlando E. Contreras-Pacheco
Format: Artigo
Langue:Inglês
Publié: LLC "CPC "Business Perspectives" 2018-03-01
Collection:Investment Management & Financial Innovations
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Accès en ligne:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/10068/imfi_2018_01_Stein.pdf
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