This dissertation is based on the hypothesis that a third dimension, namely investment
time horizon, can add value to the more conventional two-dimensional methodology
of assessing the relative risk and return attributes of various assets and portfolios in
order to enhance investment decisions.
This study shows that time horizons should be considered in the investment decision
making process and provides concrete evidence that a methodology that is not
cognizant of investment time horizon is prone to extensive long-term opportunity cost
risk.
In addition to providing evidence of investment time horizon relevance, the study
makes suggestions as to how time horizons could be incorporated into the risk return
assessments of various asset classes and also presents a framework for the more
holistic assessment of asset class properties while incorporating time horizons. / Business Management / Thesis (M. Com. (Business Management))
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:uir.unisa.ac.za:10500/2707 |
| Date | 11 1900 |
| Creators | Pask, Adriaan Eckhardt |
| Contributors | Marx, J. (Prof.) |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | 1 online resource (xx, 229 leaves) |
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