Prospects for Future Research on Financial Portfolio Selection

This chapter summarizes some future prospects on financial portfolio selection. The modern financial fields are focusing increasing attention on sustainable investment, where environmental, social, and governance (ESG) factors are gradually impacting the financial investment behaviors of individual investors and institutional investors. In addition, with the rapid development of artificial intelligence, the intelligent financial portfolio selection has stepped into a new era. It is necessary and important to explore how the artificial intelligence reshapes the portfolio selection paradigm. The traditional portfolio selection theory and methods need to be adapted and reconstructed to deal with new investment environments. This chapter provides four potential research directions, including sustainable portfolio selection, quantum computing based portfolio selection, AI- and big data-driven portfolio selection, and portfolio selection in the context of digital assets.