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- 注册时间
- 2011-5-26
- 最后登录
- 2012-9-12
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| I think that if the market is totally segmented, it should be correlation of 1 with the local market portfolio. In both the CFA and Schweser examples, however, they assume that the global market portfolio has the same sharpe ratio as the local market portfolio, which isn't necessarily the case. |
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发表于 2011-7-13 16:29
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