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...

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Bibliographic Details
Main Authors: Alexander Abramov, Alexander Radygin, Maria Chernova
Format: Article
Language:English
Published: Voprosy Ekonomiki 2015-09-01
Series:Russian Journal of Economics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405473915000331