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.
Contents
Development banks – promoters of economic development?
The nexus between global oil prices and Islamic and conventional stock markets in the developed and developing countries
American bilateral trade with emerging economies and its influence on world economic recovery post Covid-19: Analysis through VECM
Energy poverty and the vulnerable energy consumer in Romania: A curious case of policy schizophrenia
Transitions into self-employment in European Union and Israel: Field study
A cross country analysis of components of economic growth through the growth accounting approach
Financial liberalization and economic growth: The case of Algeria
Financial inclusion in sub-Saharan Africa: Benchmarking against peer developing countries
Cointegration and stock market interdependence: Evidence from India and selected Asian and African stock markets
Government subsidies and income inequality in Algeria: An analytical and empirical study
An analysis of the effect of widespread unemployment on corruption
The Russia-Ukraine invasion toward increasing food security threat for population: An empirical study using T-GARCH model
Energy consumption and economic growth nexus in Africa: New insights from emerging economies
Two conditions which induce Giffen behavior in any numerical analysis if applied to the Wold-Juréen (1953) utility function
How large is the size of Côte d'Ivoire's informal sector? A MIMIC approach
Portfolio construction and performance evaluation: Evidence from India and Iran
Cost structures, technology levels and collusion
The trend of the economic evolution in Romania in the context of crises