It provides a clear treatment of the scope and limitations of mean-variance portfolio theory and introduces popular modern risk measures. Proofs are given in detail, assuming only modest mathematical ...

Leveraging a hybrid cloud for better decision‑making Rethinking the model lifecycle: from quick fixes to long-term gain Model risk management: building trust and governance A Risk.net subscription ...

Here, we look at the basic ideas behind MPT, its pros and cons, and how it should factor into your portfolio management. Modern portfolio theory (MPT) argues that it's possible to design an ideal ...