Diversification and portfolio risk reduction - an empirical study on the Stock Exchange of Singapore

• Main Author: Au Yong, Lay Hiong.
• Other Authors: Kwok, Branson Chi Hing
• Format: Theses and Dissertations
• Language: English
• Published: 2008
• Subjects: DRNTU::Business::Finance::Portfolio management
• Online Access: http://hdl.handle.net/10356/7400
• Institution: Nanyang Technological University

Efforts to spread investment risk often take after the form of diversification. As one increases the number of securities in a portfolio, the portfolio’s risk is reduced. A plot of the portfolio risk against portfolio size, in general, should show a downward sloping and eventually flattening curve....