Portfolio Selection Using Multi-Objective Optimisation

This book explores the risk-return paradox in portfolio selection by incorporating multi-objective criteria. Empirical research is presented on the development of alternate portfolio models and their relative performance in the risk/return framework to provide solutions to multi-objective optimization. Next to outlining techniques for undertaking individual investor's profiling and portfolio programming, it also offers a new and practical approach for multi-objective portfolio optimization. This book will be of interest to Foreign Institutional Investors (FIIs), Mutual Funds, investors, and researchers and students in the field.

List of contents

Chapter 1: Introduction.- Chapter 2: Theoretical Underpinnings and Policy Issues.- Chapter 3 - Review of Existing Literature.- Chapter 4: Research Methodology. Chapter 5: Empirical Observations: Questionnaire for Retail Investor and Expert Opinion. - Chapter 6: - Empirical Results: Questionnaire Survey and Goal Programming Portfolio Selection.- Chapter 7: Conclusions and Suggestions for Future Research.

About the author

Saurabh Agarwal is a Professor of Accounting and Finance at the Indian Institute of Finance, India. He holds a PhD from the University of Delhi, India and is a member of the Associated Chambers of Commerce & Industry of India (ASSOCHAM), Professor's Forum of India, as well as the Indian Econometric Association. Professor Agarwal has published articles on portfolio management in a number of journals.

Summary

Presents the changing focus of portfolio management techniques over recent yearsReviews international and Indian based studiesPresents empirical research findings on the behaviour of retail investorsIncorporates Factor AnalysisUses Contingency Analysis to analyse the dependence/independence of demographic variables and portfolio variables

Product details

• Authors: Saurabh Agarwal
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2018
• EAN: 9783319853895
• ISBN: 978-3-31-985389-5
• No. of pages: 230
• Dimensions: 148 mm x 13 mm x 210 mm
• Weight: 334 g
• Illustrations: XX, 230 p. 21 illus.
• Subjects: Social sciences, law, business > Business > Individual industrial sectors, branches; B, Personal finance, Finance, Pension plans, Investment Banking, Financial Services, Economics and Finance, Securities, capital market, capital markets, Investments and Securities, Capital investments, Investment Appraisal, Investment & securities, Personal Finance, Wealth Management, Pension Planning, Personal Finance/Wealth Management/Pension Planning