Construct · 1 fields · 1 citations

Black-Litterman model: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
Black-Littermanmodel1 CONSTRUCTBlack-Litterman modelBLACK · FINANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Finance

portfolio allocation model that starts from market-implied equilibrium returns and blends in an investor's views with stated confidence to obtain posterior expected returns.

In finance, Black-Litterman model refers to portfolio allocation model that starts from market-implied equilibrium returns and blends in an investor's views with stated confidence to obtain posterior expected returns. This meaning comes from Black (1992) in Financial Analysts Journal.[1]

Unit
Recovery means
Measured by

Next

Run it through the Collider, or take the citations with you.

See how Black-Litterman model sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in ColliderExport BibTeXReport this entry

Nearby constructs

allocation3 fields · 4 citationsjingle · one word, three constructsconfidence4 fields · 5 citationsjingle · one word, four constructsequilibrium4 fields · 4 citationsjingle · one word, four constructs

References

  1. Black, F., & Litterman, R. (1992). Global Portfolio Optimization. Financial Analysts Journal, 48(5), 28-43. https://doi.org/10.2469/faj.v48.n5.28

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct