Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Research on Investment Portfolio Mechanism in the Context of COVID-19

Authors
Linjing Yang1, *
1Enter Author Affiliation: School of Management, Tianjin University of Technology, Tianjin, 300380, China
*Corresponding author. Email: guanghua.ren@gecacademy.cn
Corresponding Author
Linjing Yang
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.211How to use a DOI?
Keywords
COVID-19; investment portfolio; Review
Abstract

Portfolio theory provides an important conceptual foundation and a comprehensive set of analysis systems for portfolio creation and analysis, and it has a significant impact on modern investment management practice. The rationality of portfolio theory on decentralized investing is a critical theoretical foundation for the fund management industry’s existence. Furthermore, Markowitz’s notion of an “effective portfolio” redirected managers’ focus away from individual stocks and toward constructing successful portfolios. Markowitz’s portfolio theory has shown to be successful in reality regarding the optimal allocation of main asset types in a portfolio. This paper takes the investment portfolio as the theoretical entry point. In-depth research from concept, domestic and foreign research review, and application model (CAPM, Fama-French 5 factor model, and q-factor model). And this paper tried to explore the predictive power of asset pricing under the impact of the COVID-19 outbreak. On the one hand, the thorough analysis and summary of portfolio theory. On the other hand, it provides a theoretical basis for relevant portfolio practice.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
10.2991/assehr.k.211209.211
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.211How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Linjing Yang
PY  - 2021
DA  - 2021/12/15
TI  - Research on Investment Portfolio Mechanism in the Context of COVID-19
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1302
EP  - 1305
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.211
DO  - 10.2991/assehr.k.211209.211
ID  - Yang2021
ER  -