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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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Since Markowitz' seminal formulation of the portfolio optimization
problem as a quadratic programming problem, asset managers have extend the formulation to include business rules and make to the model more realistic. We will discuss some of these extensions and show that they can be formulated as (mixed-integer) symmetric cone programming problems. Such problems can be efficiently solved with interior-point algorithms which have been developed in recent years.