Long-term portfolio investments: New insight into return and risk
This article analyzes the impact of the increase of an investment horizon on the comparative advantages of the basic asset classes and on the principles of constructing the investment strategy. It demonstrates that the traditional approach of portfolio management theory, which states that investment...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Voprosy Ekonomiki
2015-09-01
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Series: | Russian Journal of Economics |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2405473915000331 |