Portfolio optimisation with quantitative and qualitative views

Master Thesis

2005

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University of Cape Town

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Abstract
Portfolio construction with quantitative and qualitative forecasts is described through the exposition of two asset allocation models. The two models arc the Black-Litterman Asset Allocation moodel and the Qualitative Forecasts : Model developed by Herold Ulf. The models are developed theoretically and made intuitively accessible with real market data examples. Methodology is developed using the two models to transport alpha across benchmarks.
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Includes bibliographical references.

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