The level of asset duration or liability duration that is desired in the management of a portfolio. This duration represents...

In lay terms, it refers to the acquisition of an asset for the purpose of creating value over time (in...

The difference between the value of an "on-paper" (planned) portfolio (paper portfolio) and the actual portfolio constructed in accordance with...

A portfolio evaluation approach which simultaneously deals with different levels of risk and return, rather than holding one variable constant...

A group of assets which are owned or controlled by an investor (individual or institutional) in order to reduce risk...

A portfolio whose components (investments) are transacted in real markets- i.e., at real trading prices. In other words, the portfolio...

A tool that is used to determine the optimal percentage of trades at risk with respect to the overall portfolio....

An individual number that is used as a fixed-income portfolio's target performance or desired result. Most often, bogey refers to...

Under the efficient-frontier framework, the assumption that investors are risk-averse, i.e., they prefer returns and distaste risks. In other words,...

The ratio of the risk associated with a portfolio construction to the gross risk: A portfolio’s construction risk refers to...