Portfolio Management
According to the Global Industry Classification Standard (GICS), the global asset management industry’s total assets under management (AUM) value at the end of 2020 was approximately $91.7 trillion, managed across 84,000 firms. This consists of the AUM managed by investment firms, pension funds, insurance companies, and other international financial institutions. Frequently, asset managers utilize portfolio management techniques to manage these assets. Investopedia defines portfolio management as follows:
This chapter will explore the art of portfolio management using machine learning techniques and quantum algorithms. It is divided into five sections:
- Financial portfolio management
- Financial portfolio diversification
- Financial portfolio simulation
- Portfolio management using...