Mean-VaR portfolio optimization: a nonparametric approach

Portfolio optimization involves the optimal assignment of limited capital to different available financial assets to achieve a reasonable trade-off between profit and risk. We consider an alternative Markowitz's mean-variance model, in which the variance is replaced with an industry standard ri...

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Bibliographic Details
Main Authors: Lwin, Khin T., Qu, Rong, MacCarthy, Bart L.
Format: Article
Published: Elsevier 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/39884/