Comparison of performance between MARKOWITZ model and enhanced index tracking model

• Main Authors: Loh, Jia Yi, Siti Norafidah Mohd Ramli,, Noriza Majid,
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2020
• Online Access: http://journalarticle.ukm.my/15092/1/jqma-16-1-paper6.pdf; http://journalarticle.ukm.my/15092/; http://www.ukm.my/jqma/current.html

The rapid growth of exchange-traded fund (ETF) in Malaysia and recommendation of investment professionals raise doubt on whether a portfolio which tracks the performance of an index will perform better than a carefully built portfolio, such as the one built by using the classical Markowitz Model. Th...