________ portfolio construction starts with selecting attractively priced securities.

Question

Quizplus · Accepted Answer

Bottom-up portfolio construction involves analyzing individual companies and selecting those with attractive valuations or growth prospects, rather than starting with a macroeconomic view and selecting securities based on sector or geographic considerations (top-down). Upside-down and side-to-side are not recognized portfolio construction methodologies.

________ Portfolio Construction Starts with Selecting Attractively Priced Securities