A Multicriteria Approach For Selecting A Portfolio Manager

摘要: AbstractThis paper introduce the application of multicriteria method PROMETHEE II to selection a portfolio manager. Such involves four main steps: (1) defining list potenial actions or solutions problem; (2) relevent criteria; (3) evaluating performance each action based on criterion; and (4) aggregating these performances with II. The use approach this problem is appropriate, as multiple criteria seem be used by decision-makers in Criteria applied model are derived from set depth interviews managers 12 major pension funds Province Quebec. We ended up nine that turned out heterogeneous conflicting their nature. These were then grouped into groups: past investment philosophy, ( 3) staff organizational criteria. richness dat...