List of Articles Investment Management

• Open Access Article
  • Abstract Page
  • Full-Text
  
  1 - Promotion of Effective Level of Investment Management in Iran Capital Market using Artificial Neural Network and Fuzzy Logic
  Hossein Amouzad Mahdiraji
  One of the most important problems in capital market is allocating financial resources in an optimal fashion. In an effective capital market, from an operational point of view, the capital is allocated for the best investment option. Therefore, in order to establish mor More

  One of the most important problems in capital market is allocating financial resources in an optimal fashion. In an effective capital market, from an operational point of view, the capital is allocated for the best investment option. Therefore, in order to establish more output, making use of appropriate management tools is a step toward more effective market management of transactions. Regarding backgrounds of applying Artificial Neural Networks and Fuzzy Logic in stocks investment and financial prediction, applying them in selecting an appropriate portfolio can lead to desired results for investors. The major goal of the current research is to achieve an optimal investment portfolio in capital market by applying Artificial Neural Network and Fuzzy Logic. Accompanied by Markowitz Model, models were used which were created through Artificial Neural Network. In order to establish investment portfolio, some of those companies were selected which were active in Tehran stock exchange, and which have had positive efficiency from the year 1386 to 1395. In order to evaluate the suggested portfolios in different conditions, the output of different portfolios based on the monthly and yearly output of the member companies were compared and optimization of suggested portfolios using genetic algorithm were carried out. The study shows that using the Fuzzy models versus mentioned models would provide higher output for the investors.     Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  2 - A Generic Process-based Framework for Investment Management of Iranian Banks
  Ali Asghar Abdorrahimian Ali Asghar Anvary Rostamy Mirfeiz Fallah
  This main purpose of this study is to provide a generic process pattern for optimizing the investment management process in Iranian banks. To this end, the literature and related processes were examined, three types of legal, systemic, and goal constraints on investment More

  This main purpose of this study is to provide a generic process pattern for optimizing the investment management process in Iranian banks. To this end, the literature and related processes were examined, three types of legal, systemic, and goal constraints on investment were mentioned, and investment management constraints on banks, including bank liquidity management constraints, were emphasized. Then, the special distinction of banks in terms of criteria and indicators and two levels of investment performance evaluations were explained. Finally, the components and, accordingly, the generic process pattern for bank investment management were presented. In this pattern, the necessity of using a systemic approach and the necessity of coordinating its banking and non-banking activities in the form of a large set in modeling and optimization were emphasized. The proposed pattern through improving the coordination and a more logical sequence of the investment management process in banks will provide the basis for improving the efficiency of Iranian banks. Manuscript profile