Borradores de Economia
Número:
520
Publicado:
Clasificación JEL:
G11, G23, G32, D81
Palabras clave:
Efficient Portfolio Optimization in the Wealth Creation
Lo más reciente
Juliana Jaramillo-Echeverri, Karina Acosta, Olga Lucia Acosta Navarro, Oscar Iván Ávila-Montealegre, Jhorland Ayala-García, Jaime Bonet-Morón, Jesus Botero, Luz A. Flórez, Daniela Gallo, Luis Armando Galvis-Aponte, Karelys Guzmán-Finol, Eduardo A. Haddad, Ana María Iregui-Bohórquez, David Camilo López-Valenzuela, Ligia Alba Melo-Becerra, Juan J. Ospina-Tejeiro, Andrea Otero-Cortés, Julian A. Parra-Polania, Gerson Javier Pérez-Valbuena, José Pulido, María Teresa Ramírez-Giraldo, Mario A. Ramos-Veloza, Charles Rahal, Jorge Leonardo Rodríguez-Arenas, Shadia Zardibia
Miguel Felipe Vanegas-Vanegas
Camilo Bohorquez-Penuela, Leonardo Bonilla-Mejía, Anabelle Couleau, Alexánder Almeida
First developed by Markowitz (1952), the mean-variance framework is the most widespread theoretical approximation to the portfolio problem. Nevertheless, successful application in the investment community has been limited. Assumptions such as normality of