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Risk Management: The Relevance of Markowitz theory in Portfolio Management

Year 2012
Volume/Issue/Review Month Vol. - V | Issue I | Jan
Title Risk Management: The Relevance of Markowitz theory in Portfolio Management
Authors Dr. M. Jayasree , K.Bhavana Raj , Dr. Sindhu
Broad area Risk Management: The Relevance of Markowitz theory in Portfolio Management
Abstract
A portfolio is a group of financial assets such as stocks, bonds and cash
equivalents, as well as their mutual, exchange-traded and closed-fund
counterparts. Portfolios are held directly by investors and/or managed by
financial professionals. Portfolio management is the art and science of making
decisions about investment mix and policy, matching investments to objectives,
asset allocation for individuals and institutions, and balancing risk against
performance. The present study attempts to identify optimal portfolio which
promises maximum returns for given risk by applying the Markowitz model.
The study considers securities of Pharmaceutical and automobile industry in
India and attempts to understand by applying the model the selection of optimal
portfolio.
Description A portfolio is a group of financial assets such as stocks, bonds and cash equivalents, as well as their mutual, exchange-traded and closed-fund counterparts. Portfolios are held directly by investors and/or managed by financial professionals. Portfolio ma
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