An Analytic Market Condition for Mutual Fund Separation: Demand for the Non-Sharpe Ratio Maximizing Portfolio
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DOI: 10.1007/s10690-018-9261-6
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More about this item
Keywords
Mutual fund separation; Portfolio choice; Numéraire portfolio; Risk aversion;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
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