Session 12: Portfolio Management
Reading 52: Portfolio Risk and Return: Part I
LOS b: Describe the characteristics of the major asset classes that investors would consider in forming portfolios according to mean-variance portfolio theory.
Over the long term, the annual returns and standard deviations of returns for major asset classes have shown:
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A) |
a negative relationship. | |
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B) |
a positive relationship. | |
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C) |
no clear relationship. | |
In most markets and for most asset classes, higher average returns have historically been associated with higher risk (standard deviation of returns).
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发表于 2011-3-24 15:35
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