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. Read more... Abstract: 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 Front Matter ....Pages i-xx Introduction (Saurabh Agarwal)....Pages 1-17 Theoretical Underpinnings and Policy Issues (Saurabh Agarwal)....Pages 19-49 Recent Advances in Portfolio Optimisation (Saurabh Agarwal)....Pages 51-76 Understanding Retail Investors (Saurabh Agarwal)....Pages 77-100 Retail Investors and Expert’s Disposition Towards Equity Selection (Saurabh Agarwal)....Pages 101-123 Investor’s Demographics and Its Impact on Investment Behaviour (Saurabh Agarwal)....Pages 125-158 Modelling Framework and Advanced Data Analysis for Goal Programming (GP) Portfolio Optimisation (Saurabh Agarwal)....Pages 159-197 Conclusions and Suggestions (Saurabh Agarwal)....Pages 199-211 Back Matter ....Pages 213-230