@article{Rasiah2012Post,
abstract = {This study looks at the Post-Modern Portfolio Theory that maintains greater diversification in an investment portfolio by using the alpha and the beta coefficient to measure investment performance. Post-Modern Portfolio Theory appreciates that investment risk should be tied to each investor's goals and the outcome of this goal did not symbolize economic of the financial risk. Post-Modern Portfolio Theory's downside measure generated a noticeable distinction between downside and upside volatility. Brian M. Rom & Kathleen W. Ferguson, 1994, indicated that in post-Modern Portfolio Theory, only volatility below the investor's target return incurred risk, all returns above this target produced ambiguity which was nothing more than riskless chance for unexpected returns.},
author = {Devinaga Rasiah},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
issn = {2241-0996},
journal = {Journal of Finance and Investment Analysis},
keywords = {330; expected return; portfolio; Post Modern Portfolio Theory; risk returns},
language = {eng},
number = {1},
pages = {69-91},
publisher = {International Scientific Press},
title = {Post-modern portfolio theory supports diversification in an investment portfolio to measure investment's performance},
url = {http://hdl.handle.net/10419/58003},
volume = {1},
year = {2012}
}
