One approach to portfolio theory siefores in Mexico

Abstract

This article is an application of the Markowitz Portfolio Theory (1952) to SIEFORES in Mexico. Through these workers can invest their savings and create a personalized portfolio and access to money and capital markets with this instrument, bounded by guidelines of the law. It seeks to make a measurement with the methodology proposed by Markowitz to determine the performance of such portfolios and suggest the most optimal combination of resources to invest in each of these instruments. As a complementary tool to the risk analysis, VaR is used, and to measure the performance management of the portfolios analyzedrTreynor and Sharpe index was applied.