Jothimani, Dhanya; Shankar, Ravi; Yadav, Surendra S. - In: Journal of Modelling in Management 12 (2017) 3, pp. 386-403
Purpose Portfolio optimization is the process of making an investment decision on a set of assets to realize high returns with low risk. It has three major stages: asset selection, asset weighting and asset management. Asset selection is an important phase because it influences asset allocation...