The set of optimal portfolios (i.e., dominant portfolios) that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected r ...

An outlet or exit or means of exiting.

C concept used to measure the sensitivity of one variable to change in another variable; typically used to gauge consumer demand for a good or service; can be measured by the chang ...

A fund manager with a limited track record, typically of less than two years.

Legislation passed in 1974 and administered by the Department of Labor that controls the investment activities primarily of corporate and union pension plans.

Any limitation that affects property rights and value.

An organization that is created through donations and gifts, e.g a university endowment.  Generally designed to preserve the donated principal while using investment income fo ...

A designated area within a depressed, usually inner-city, area in which firms are given favorable tax treatment and freedom from a number of planning constraints.

A legal right conveyed by an approval from a governmental entity to develop a property for a certain use, intensity, building type or building placement.

The risk that the various government agencies with jurisdiction over a construction project will not issue the required approvals necessary to proceed with the development.