Role of emerging markets vis-à-vis frontier markets in improving portfolio diversification benefits

Optimal Versus Naive Diversification: How Inefficient is the 1/<i>N</i>Portfolio Strategy?

Victor DeMiguel, Lorenzo Garlappi, Raman Uppal · Review of Financial Studies · 2007 · 3.1K citations

The Effect of Errors in Means, Variances, and Covariances on Optimal Portfolio Choice

Vijay K. Chopra, William T. Ziemba · The Journal of Portfolio Management · 1993 · 1.2K citations

Large Deviations, Optimal Portfolio Choice, Mean-variance Analysis +19

Downside Risk

Andrew Ang, Joseph Chen, Yuhang Xing · Review of Financial Studies · 2006 · 1.1K citations

Predictable Risk and Returns in Emerging Markets

Campbell R. Harvey · Review of Financial Studies · 1995 · 991 citations

Empirical Finance, Financial Risk Management, International Investment +18

Bayes-Stein Estimation for Portfolio Analysis

Philippe Jorion · Journal of Financial and Quantitative Analysis · 1986 · 990 citations

Portfolio Optimization, Asset Pricing, Bayes-stein Estimation +11