Сreatinng of Optimal Portfolio Including HY Bonds

Student: Vorobyev Egor

Educational Programme: Economics (Bachelor)

Year of Graduation: 2024

Creating an optimal investment portfolio that includes High-Yield (HY) Bonds presents unique challenges and opportunities for investors. This study aims to explore intricacies of incorporating HY into a mixed diversified investment portfolio to enhance return potential while managing risks. The research involves historical and financial analysis to evaluate performance of HY bonds in modern portfolio and its role in generating abnormal returns. Integrating modern portfolio theory (MPT) principles, the project developed a strategy for asset allocation and selection to optimize the portfolio’s returns. Keywords – High-Yield Bonds; portfolio optimization; asset allocation; modern portfolio theory

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses