* 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@univie.ac.at
Contact and further information:
Mag. Dorothea Grimm Gutmann Center for Portfolio Management mail: dorothea.grimm@univie.ac.at phone: +43-1-4277-38186 web: http://www.gutmann-center.at