Zhang, Xili; Zhang, Weiguo; Xiao, Weilin - In: Economic Modelling 35 (2013) C, pp. 401-408
A single-period portfolio selection theory provides optimal tradeoff between the mean and the variance of the portfolio return for a future period. However, in a real investment process, the investment horizon is usually multi-period and the investor needs to rebalance his position from time to...