RT Journal Article
SR Electronic
T1 A Brief History of Downside Risk Measures
JF The Journal of Investing
FD Institutional Investor Journals
SP 9
OP 25
DO 10.3905/joi.1999.319365
VO 8
IS 3
A1 David N. Nawrocki
YR 1999
UL https://pm-research.com/content/8/3/9.abstract
AB Downside risk measures in portfolio analysis purport to be a major improvement over traditional portfolio theory. This article traces the development of the concept from the initial portfolio theory articles in 1952 to articles in the Journal of Investing in 1994. An understanding of the issues facing the researchers provides better knowledge of the concept.