Theoretical and Applied Economics
No. 4 / 2022 (633), Winter
Portfolio construction and performance evaluation: Evidence from India and Iran
University of Hyderabad, India
Abstract. This paper comparatively examines asset management practices among practitioners in India and Iran as examples of emerging economies, in order to understand to what extent they apply sophisticated models presented in financial literature in constructing portfolios under their management, as well as in portfolio evaluation process. The sophistication of a particular technique is those given by Amenc et al. (2011). The results show that companies in Inia and Iran use less sophisticated models in portfolio selection stage. Regarding the performance evaluation, respondents in both countries seems to be well-aware of market models and risk-adjusted ratios are widely used by practitioners.
Keywords: portfolio management, performance evaluation, portfolio construction, risk, portfolio practitioners.
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Contents
- Development banks –
promoters of economic development?
Dan Costin NIŢESCU
Valentin MURGU
- The nexus between global oil prices and Islamic
and conventional stock markets in the developed
and developing countries
Tuğba KAYHAN
Mustafa UYSAL
- American bilateral trade with emerging economies
and its influence on world economic recovery post Covid-19:
Analysis through VECM
G.K. CHETAN KUMAR
K.B. RANGAPPA
SUCHITRA S
- Energy poverty and the vulnerable energy consumer
in Romania: A curious case of policy schizophrenia
Corina MURAFA
- A cross country analysis
of components of economic growth
through the growth accounting approach
Yashasvi PANDEY
C.R. BISHNOI
- Financial liberalization and economic growth:
The case of Algeria
Mohammed BENAZZA
Djahida LAYATI
- Financial inclusion in sub-Saharan Africa:
Benchmarking against peer developing countries
Mahamat Ibrahim AHMAT-TIDJANI
Brou Emmanuel AKA
- Government subsidies and income inequality in Algeria:
An analytical and empirical study
Siham MATALLAH
Lahouari BENLAHCENE
Amal MATALLAH
- An analysis of the effect
of widespread unemployment on corruption
Udit MAHESHWARI
Ashutosh PRIYA
Ravi Kumar GUPTA
- The Russia-Ukraine invasion toward increasing food security
threat for population:
An empirical study using T-GARCH model
Naima BENTOUIR
- Energy consumption and economic growth nexus in Africa:
New insights from emerging economies
Obukohwo Oba EFAYENA
Enoh Hilda OLELE
Ngozi Patricia BUZUGBE
- Two conditions which induce Giffen behavior
in any numerical analysis if applied
to the Wold-Juréen (1953) utility function
Robert SPROULE
Michael KARRAS
- How large is the size of Côte d'Ivoire's informal sector?
A MIMIC approach
Paul Vivien OYIBO
Friedrich SCHNEIDER
- Cost structures, technology levels and collusion
Suryaprakash MISHRA
- The trend of the economic evolution in Romania
in the context of crises
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
Dana Luiza GRIGORESCU
