# Bank Loan Funds: Investing Beyond T-Bills

## Related Articles

- Expected Return and Portfolio Rebalancing. Davidsson, Marcus // International Journal of Economics & Finance;Aug2011, Vol. 3 Issue 3, p15
The purpose of this study is to discuss portfolio theory. More specifically how an investor can maximize a portfolio's expected return while at the same time trying to minimize portfolio risk. This will be done by looking at both international and Kuwaiti stock market data. One important...

- Can the Cross-Sectional Variation in Expected Stock Returns Explain Momentum? Bulkley, George; Nawosah, Vivekanand // Journal of Financial & Quantitative Analysis;Aug2009, Vol. 44 Issue 4, p777
It has been hypothesized that momentum might be rationally explained as a consequence of the cross-sectional variation of unconditional expected returns. Stocks with relatively high unconditional expected returns will on average outperform in both the portfolio formation period and in the...

- PORTFOLIO OPTIMIZATION WITH PRIOR STOCK SELECTION. Fulga, Christinca; Dedu, Silvia; Şerban, Florentin // Economic Computation & Economic Cybernetics Studies & Research;2009, Vol. 43 Issue 4, p157
The article presents a research to solve the portfolio optimization problem in investment. It proposes two steps in solving this problem. First, the phase of stock selection and second, the asset allocation phase. It presents a mathematical model of the portfolio problem. It focuses on deriving...

- Rate assumptions go under the microscope. Diamond, Randy // Pensions & Investments;9/6/2010, Vol. 38 Issue 18, p4
The article reports that several public funds in the U.S. have cut their assumed rates of return as the prediction of a long-term effect on future investment returns due to volatile market conditions. Public funds which have dropped their return assumptions include the Virginia Retirement...

- A minimax portfolio selection rule with linear programming solution. Young, Martin R. // Management Science;May98, Vol. 44 Issue 5, p643
A new principle for choosing portfolios based on historical returns data is introduced; the optimal portfolio based on this principle is the solution to a simple linear programming problem. This principle uses minimum return rather than variance as a measure of risk. In particular, the portfolio...

- A SIMPLIFIED EXPRESSION FOR THE EFFICIENT FRONTIER IN MEAN-VARIANCE PORTFOLIO ANALYSIS. Buser, Stephen A. // Management Science;Apr1977, Vol. 23 Issue 8, p901
The article presents a technical property of minimum-variance portfolios. The author contends that it simplifies both the derivation of and the expression for the efficient frontier in mean-variance portfolio analysis. Several equations are presented to illustrate the property. The author...

- Expected Returns, Yield Spreads, and Asset Pricing Tests. Campello, Murillo; Long Chen; Lu Zhang // Review of Financial Studies;May2008, Vol. 21 Issue 3, p1297
We construct firm-specific measures of expected equity returns using corporate bond yields, and replace standard ex post average returns with our expected-return measures in asset pricing tests. We find that the market beta is significantly priced in the cross section of expected returns. The...

- PORTFOLIO SELECTION: AN ANALYTIC APPROACH FOR SELECTING SECURITIES FROM A LARGE UNIVERSE. Frankfurter, George M.; Phillips, Herbert E. // Journal of Financial & Quantitative Analysis;Jun80, Vol. 15 Issue 2, p357
This article provides an analytic approach for securities selection in regards to portfolio management. Presented in this paper is a model which will result in the reduction or elimination of bias in the calculated value of portfolio expectation on the rate of return. This bias is caused by...

- Thoughts on Portfolio Management and a Potential Buy. Toan tran // Morningstar GrowthInvestor;Jun2007, Vol. 3 Issue 1, p1
The article presents the author's thoughts on portfolio management and a potential buy. The author believes that the best way to generate long-term returns is by managing a concentrated portfolio. He emphasizes the importance of understanding how to respond to volatility when making decisions...