Cortés, PabloOnieva, LuisGuadix Martín, JoséMuñuzuri, Jesús2020-04-292020-04-292013Cortés, P., Onieva, L., Guadix Martín, J. y Muñuzuri, J. (2013). Designing fixed income securities investment portfolios for SMEs in different scenarios. The Service Industries Journal, 33 (9-10), 859-875.https://hdl.handle.net/11441/95982The management of fixed-income securities investment portfolios enjoys a long tradition in the capital markets. This paper analyses robust optimisation models as efficient tools for risk management of fixed-income securities. The study includes the analysis of scenario-based optimisation models applied to the portfolio selection and on the basis of indeterminate initial endowment. A detailed analysis is made for a case study involving the composition of fixed-income investment portfolios, which is solved using robust scenario-based optimisation models. Finally, a sensitivity analysis is carried out for different scenarios occurring for each of the models.application/pdf18 p.engAttribution-NonCommercial-NoDerivatives 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-nd/4.0/Investment portfolioRobust optimisationScenarioinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/openAccesshttps://doi.org/10.1080/02642069.2013.719885