Harry Markowitz’s dissertation on portfolio selection in 1952 focused on the value of combining two risky investments that do not move in lockstep with one another. Markowitz’s cutting-edge research ...

This paper is concerned with the problem of optimizing the structure of assets and liabilities of the property-liability insurer. The research is empirical and seeks to provide some preliminary ...

In the past two years the academic community has paid considerable attention to portfolio management, focusing on the Markowitz model and its adaptations. This model, being theoretical, tends to ...