Asset allocation is the most important part of modern investment theory.

资产配置理论是现代投资理论中的重要组成部分。

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The performance evaluation is the basic question of the study on mutual funds, which based on the modern investment theory.

基金绩效评价是基金研究的基础性问题，是以现代投资理论为基础的。

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After analysing the significance of Jinchuan Co. listing, use the modern investment theory, a number of major research results that based on the modern investment theory has been made in this paper.

本文在对金川公司上市的意义作出分析后，利用现代投资理论主要取得了以下一些研究成果。

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In other words, Modern Portfolio Theory as an investment strategy is fundamentally incomplete.

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In the early 1950s, another doctoral student named Harry Markowitz posited a statistical approach to investment selection called Modern Portfolio Theory.

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The various laws and regulations have all changed over time to incorporate modern financial theory, including the idea that investing for income is the inappropriate investment policy.

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