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Adding constraints to a portfolio changes the optimal portfolio by:Review LaterAllowing the portfolio manager to invest in portfolios that produce better returns than was possible before adding the constraints.Eliminate the need for portfolio construction and finding an optimal portfolio.Answers A and BShifting the efficient frontier to the right and reducing the potential profits for each level of risk taken.None of the above

Question

Adding constraints to a portfolio changes the optimal portfolio by:Review LaterAllowing the portfolio manager to invest in portfolios that produce better returns than was possible before adding the constraints.Eliminate the need for portfolio construction and finding an optimal portfolio.Answers A and BShifting the efficient frontier to the right and reducing the potential profits for each level of risk taken.None of the above

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Solution

The correct answer is: "Shifting the efficient frontier to the right and reducing the potential profits for each level of risk taken."

Adding constraints to a portfolio can limit the investment options available to the portfolio manager. This can shift the efficient frontier to the right, which means that for each level of risk taken, the potential profits are reduced. This is because the efficient frontier represents the set of optimal portfolios that offer the highest expected return for a defined level of risk. When constraints

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Write a note on portfolio management.

People who will find Portfolio Management roles rewarding are usually:Review LaterWilling to take calculated risksComfortable with making decisions without perfect informationAble to adapt quickly to new informationAll of the above

top-down approach to portfolio management is:Review LaterAllocating risk/capital first to countries, then sectors, then individual assetsTaking the advice of your uncle Jeb to buy technology stocks because everyone is on FacebookChoosing securities first via fundamental analysisThinking of what industry is going to outperform in the next 12 month

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