Optimal method for investing on assets using black litterman model

• Main Authors: Jayeola, D., Ismail, Z., Sufahani, S. F., Manliura, D. P.
• Format: Article
• Published: Pushpa Publishing House 2017
• Subjects: QA Mathematics
• Online Access: http://eprints.utm.my/id/eprint/76173/; https://www.scopus.com/inward/record.uri?eid=2-s2.0-85013872698&doi=10.17654%2fMS101051123&partnerID=40&md5=e6f4345e10c2e3e0b6fbee791860604a

The main goal of investors is to minimize risk at any point of given returns or maximize returns at any given risk. The Markowitz mean-variance (MV) model is widely used for solving investment problem but is tedious and the results are often extreme. The investors who use it encountered difficulties...