Abstract

This paper evaluates the performance of four fundamental economic sectors – energy, utilities, real estate, and the financial sector – in five advanced countries: the US, Canada, UK, Germany, and France throughout the period 2015 – 2024. It attempts to assess the best performing and most efficient sector-country combinations by applying time variant (dynamic) portfolio optimization frameworks, primarily the minimum-variance and mean-variance models. The study will present recommendations for investment policy that are based on risk-adjusted returns and empirical findings.

School

School of Business

Department

Economics Department

Degree Name

MA in Economics

Graduation Date

Spring 6-18-2025

Submission Date

5-19-2025

First Advisor

Mohammed Bouaddi

Committee Member 1

Mina Ayad

Committee Member 2

Wael Abdallah

Extent

17 p.

Document Type

Master's Thesis

Institutional Review Board (IRB) Approval

Not necessary for this item

Available for download on Saturday, May 22, 2027

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