We aim to construct portfolios by employing different risk models and compare their performance in order to understand their appropriateness for effective portfolio management for investors. Mean variance (MV), semi variance (SV), mean absolute deviation (MaD) and conditional value at risk...

The discussion in this chapter rekindles the century-old debate on the association between Financial Development (FD) and Economic Growth (EG). This chapter draws from extant literature to discuss the nexus between FD and EG and provides insights on underlying theories, empirical evidence,...