Suppose you are working in an Investment Bank, a client with limited investment knowledge requests you to create a portfolio with a minimum required annual return of 20%. The client claims he is a risk-averse investor and his initial investment is £100,000. Please propose an investment plan for your client based on his expectation and the following requirements. This project requires you to use 2 years daily adjusted-close prices (from 01 March 2013 to 27 February 2015) of real listed company stocks. The data can be obtained from Yahoo Finance. Please use MS Excel to perform the calculations. The risk-free asset is assumed with an annual rate of return of 4%.
