Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:financial_technology
|
| gptkbp:alsoKnownAs |
gptkb:MPT
|
| gptkbp:appliesTo |
investment management
asset allocation pension fund management |
| gptkbp:assumes |
investors are rational
markets are efficient returns are normally distributed risk is measured by variance or standard deviation investors seek to maximize expected return for a given level of risk |
| gptkbp:awarded |
gptkb:Nobel_Prize_in_Economics_to_Harry_Markowitz_(1990)
|
| gptkbp:basisFor |
gptkb:robo-advisors
retirement planning wealth management risk management quantitative finance financial planning portfolio construction institutional investing index fund investing factor investing asset pricing models passive investing ETF portfolio design modern investment strategies multi-asset portfolios strategic asset allocation tactical asset allocation |
| gptkbp:criticizedFor |
ignoring transaction costs
assumption of normal distribution ignoring taxes reliance on historical data |
| gptkbp:developedBy |
gptkb:Harry_Markowitz
|
| gptkbp:focusesOn |
portfolio optimization
risk-return tradeoff |
| gptkbp:hasConcept |
correlation
mean-variance analysis diversification efficient frontier |
| https://www.w3.org/2000/01/rdf-schema#label |
Modern Portfolio Theory
|
| gptkbp:influenced |
gptkb:Capital_Asset_Pricing_Model
gptkb:Black-Litterman_model |
| gptkbp:introducedIn |
1952
|
| gptkbp:publishedIn |
gptkb:Journal_of_Finance
|
| gptkbp:relatedTo |
gptkb:post-modern_portfolio_theory
behavioral finance risk parity |
| gptkbp:bfsParent |
gptkb:Harry_Markowitz
|
| gptkbp:bfsLayer |
5
|