Acta Universitatis Danubius. Œconomica, Vol 10, No 2 (2014)
Tactical Assets Allocation: Evidence from the Nigerian Banking Industry
Abstract
The core of portfolio selection theory centers on striking a balance between risk-return trade-off of a given investment layout so as to maximize benefits. Literature reveals that portfolio selection or asset allocation problems often involve the use of mathematical programming in propounding solution. This paper uses a blend of simultaneous equation and graphical approach to linear programming algorithm to help solve investors’ problem in allocating assets among various alternatives when faced with problems associated with risk-return trade-off.
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