You are here

Mean-Variance and the Carry Trade—An Ideal Match?

Full Title: 
Mean-Variance and the Carry Trade—An Ideal Match?
Fabian Ackermann, and Walt Pohl
May 1, 2016
Description: 

Despite its longstanding prominence, mean-variance analysis still leads to portfolios that are outperformed. Is it, then, a blind alley? A new paper focusing on the carry trade suggests not.