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Black–Litterman model

Known as: Black litterman, Black-Litterman, Black-Litterman model 
In finance, the Black–Litterman model is a mathematical model for portfolio allocation developed in 1990 at Goldman Sachs by Fischer Black and Robert… 
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Papers overview

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2016
2016
This paper considers extensions of the Black-Litterman(BL) portfolio optimization model. Recognizing only the expected returns of… 
2016
2016
The Modern Portfolio Theory is based on Markowitz Mean-Variance portfolio optimization. The Black-Litterman Model uses a Bayesian… 
2014
2014
Correlation stress testing is motivated by a well-known phenomenon: correlations change under financial crises. The adjustment of… 
2013
2013
The Markowitz model has two problematic tendencies; unintuitive portfolios and portfolios with high transaction costs. The Black… 
2012
2012
A comprehensive description of the trading and statistical characteristics of VIX futures and their exchange-traded notes… 
2011
2011
I introduce an explicit view confidence parameter to the Black-Litterman model. The new parameter does not need calibration and… 
2010
2010
The Black-Litterman model is analyzed in three steps seeking to investigate, develop and test the B-L model in an applied… 
Review
2009
Review
2009
This paper deals with the extension of the Black and Litterman model to a market where the N risky assets are distributed… 
2007
2007
In this paper we propose a new measure for the marginal contribution of each view to the ex-ante tracking error volatility (TEV… 
Review
2007
Review
2007
This thesis explores a popular asset allocation model: the Black-Litterman model. First, an overview is given of the foundations…