* IMPORTANT * IMPORTANT * IMPORTANT * IMPORTANT * IMPORTANT *
* NEW LOCATION * NEW LOCATION * NEW LOCATION * NEW LOCATION *
The GUTMANN CENTER FOR PORTFOLIO MANAGEMENT
at the University of Vienna
www.gutmann-center.at
is pleased to announce the following
PUBLIC LECTURE:
(We apologize for any cross-postings!)
Date: March, 25th (Thursday), 4.30 p.m.
!! LOCATION!! : UNIVERISTÄT WIEN (HAUPTGEBÄUDE-MAIN BUILDING)
KLEINER FESTSAAL
Dr. Karl Lueger-Ring 1
1010 Wien
Title: "Asset Allocation Optimization: Theory and Practice"
Abstract:
Markowitz optimization procedure is widely used by investment
advisors and pension fund consultants to help determine the
allocation of their clients funds among major asset classes.
However, in practice optimization is typically used in ways that
differ from the theory presented in most textbooks. This lecture
reviews the fundamental aspects of asset allocation
optimization, describes a typical practical application, and
highlights some of the reasons for discrepancies between theory
and practice. Finally, the major source of the problem is
identified and a better solution offered.
Speaker: Prof. Dr. William F. SHARPE
STANCO 25 Professor of Finance, Emeritus
at Stanford University's Graduate School of
Business
Nobel Prize in Economic Sciences, 1990
http://gobi.stanford.edu/facultybios/bio.asp?ID=151
Please register: dorothea.grimm(a)univie.ac.at
Contact and further information:
Mag. Dorothea Grimm
Gutmann Center for Portfolio Management
mail: dorothea.grimm(a)univie.ac.at
phone: +43-1-4277-38186
web:
http://www.gutmann-center.at