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Alternative Procedures for Revising Investment Portfolios**

Published online by Cambridge University Press:  19 October 2009

Keith V. Smith
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Extract

Investment management is a decision-making process which ranges from an individual managing his own small portfolio of securities to institutional investors who manage portfolios valued in millions of dollars. The importance of investment management is readily observed in the increased activity of the securities markets, the close scrutiny given by regulatory agencies to various institutional investors and professional investment managers, the growing market value of pension funds, trust funds, and investment companies, and finally, the increasing number of related research studies which are reported in the financial literature.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 3 , Issue 4 , December 1968 , pp. 371 - 403
Copyright
Copyright © School of Business Administration, University of Washington 1968

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