International Business Management
ISSN: OnlineISSN: Print 1993-5250
Abstract
Dynamic portfolio selection optimization is essential and critical objective for any investment strategy by individuals and institutional investors. The purpose of this study is to verify the various factors effect on selecting dynamic portfolio and spot a light on pportunities for future research. This study revisits existence literature of the factors that affect in selecting the optimal ortfolio in multi-stages. Dynamic portfolio selection optimization suffers the ancient problem in estimation the risk measures and lack of information in uncertain markets and economies with demanded investors to achieve their growing objectives. Many researches conducting this problems offered new models, searching new constraints, relaxing existence constraints, adding many objectives, decreasing computation time, increasing portfolio size, reducing trading cost, finding new sources of information, new funding sources and maintaining the objectives of investors of risk return and liquidity. These researches success in providing mathematical and theoretical models that enriched the finance literature but few of it satisfies the market application. This study provides a historical background and future insight for future researches. As a revisit, this work derived from secondary sources. This revisit provides researchers and practitioners with the latest improvements of approaches by minimizing their effort in collecting the relevant material and selecting the suitable model that solve the problem of selecting their portfolio, a better understanding of each factor the limitations of their portfolios, draw attention to specific areas for further research.
How to cite this article:
Rosni Bakar, Md. Aminul Islam and Rula Hani Salman Al Halaseh. Dynamic Portfolio Selection: A Literature Revisit.
DOI: https://doi.org/10.36478/ibm.2016.67.77
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.67.77