Portfolio Selection Factors: Egypt Equity Market Case Study

Abstract

Portfolio management provides portfolio managers with the appropriate models for professional management of funds. The primary objectives for portfolio managers are to maximize the expected return of their investments while minimizing the associated risk. These two objectives translate into different portfolio selection factors, and there is variety of models presented in the literature considering different combinations among such factors. In this study, we illustrate the main portfolio selection factors and conducted a survey filled by Egyptian asset managers to identify the necessary factors to be considered when investing in Egypt equity market. Based on the survey analysis, we concluded which factors to be considered, and which not to be considered when building multi-criteria portfolio management models for investing in Egypt equity market.