TITLE

MPT Was Never Alive

AUTHOR(S)
Swisher, Pete
PUB. DATE
June 2009
SOURCE
Journal of Financial Planning;Jun2009 Trends in Investing, p16
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents the author's views on the use of the modern portfolio theory (MPT). MPT was said to have been created for global market equilibrium, as opposed to be an asset allocation tool. In investing, equity, debt and real estate, and derivatives are considered for financial planning, and MPT is believed to be a player in setting proper investment policies. According to the author, MPT is still present but asset allocation is losing its touch. There is an evident malfunction in asset allocation methods, possibly caused by the market turbulence.
ACCESSION #
41686529

 

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