Portfolio Management Using Black-Litterman

Seminar paper from the year 2007 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,3, University of Münster (Finance Center Münster), course: Betriebliche Finanzierung (Finance Seminar), language: English, abstract: The Black-Litterman optimization model is based on the idea of efficient markets and the capital asset pricing model (CAPM). The BL model en...