Asset diversification problems in conditions of high volatility of financial markets

   The article analyzes the main strategies for constructing an investment portfolio and provides recommendations for optimizing the risk-return ratio of the portfolio by selecting the appropriate investment proportions for each asset based on the theory of G. Markowitz using Excel. The author of the article examined in detail the main advantages and disadvantages of strategies for allocating investor funds within the investment portfolio. Based on the analysis carried out, the author of the article gave recommendations on the selection of financial assets for the of investment portfolio design depending on the cycle of economic activity.

1. Lashkov E. I. Application of asset allocation in an investment portfolio to reduce macroeconomic and geopolitical risks. Financial markets and banks. 2023;(4):63–69. (In Russ.)

2. Aleshin V. A., Zotova A. I., Nekrasova I. V. Investment management : textbook. Rostov-on-Don: Southern Federal University Publishing House; 2009. 324 p. (In Russ.)

3. Dalio Ray Big debt crises. Principles of overcoming. Moscow: "Mann, Ivanov and Ferber"; 2021. 496 p. (In Russ.)

4. Tregub A. V., Solovova L. A. Investment portfolio as an effective tool for managing personal financial investments. Financial markets and banks. 2023;(4):96–101. (In Russ.)

5. Nekrasova I., Karnaukhova O., Sviridov O. (2018) Fractal Properties of Financial Assets and Forecasting Financial Crisis. In: Nekrasova I., Karnaukhova O., Christiansen B. (Ed.) Handbook of Fractal Approaches for Modeling Financial Assets and Predicting Crises. Hershey, PA: IGI Global, pp. 23-41.

6. Nogin Yu. B. Distribution (allocation) of funds of a non-state pension fund based on determining the stage of the economic cycle. Finance and Credit.2012;(21(501) ):11–15 (In Russ.)

7. Khalyapin A. A., Usacheva Yu. A., Guk A. I. Modern strategies for managing an investment portfolio. Natural-Humanitarian Research (EGI.) 2022;(44(6)1):385–389 (In Russ.)

8. Sevumyan E. N. Principles of forming an allocated portfolio of securities. Financial markets and banks. 2021;10:29–32 (In Russ.)