Current Research on Financial Portfolio Selection

Financial portfolio selection is an important quantitative finance issue which is attracting increasing attention from academic research and industrial practitioners. It focuses on how to make the most ‘wise’ choice to allocate available capital to improve investment return and avert investment risk. In modern financial big data era, numerous financial data are generated every second, and financial market is extremely complex and changing constantly. It is necessary and important to study different theories and methods to tackle portfolio selection issues in various investment settings. This chapter reviews several representative portfolio selection studies in recent years, including stochastic portfolio selection, fuzzy portfolio selection, uncertain portfolio selection and online portfolio selection.