transaction-costs

Learning objectives: Describe practical issues in portfolio construction, including the determination of an appropriate risk aversion, aversions to specific risks, and proper alpha coverage. Describe portfolio revisions and rebalancing, and analyze the tradeoffs between alpha, risk, transaction...

Learning objectives: Distinguish among the inputs to the portfolio construction process. Evaluate the motivation for and the methods used for refining alphas in the implementation process. Describe neutralization and the different approaches used for refining alphas to be neutral. Describe the...