PT - JOURNAL ARTICLE AU - Enis Uysal AU - Francis H. Trainer, Jr. AU - Jonathan A Reiss TI - Revisiting Mean-Variance Optimization AID - 10.3905/jpm.2001.319815 DP - 2001 Jul 31 TA - The Journal of Portfolio Management PG - 71--81 VI - 27 IP - 4 4099 - https://pm-research.com/content/27/4/71.short 4100 - https://pm-research.com/content/27/4/71.full AB - Mean–variance optimization is so well accepted that we often take it for granted. In this article the authors examine the impact of relaxing its assumptions in a fixed– income context. They examine particularly whether the substantial overweighting of non–Treasury bonds that is recommended in a mean–variance context holds up under alternative return distributions and utility functions. They also show how to incorporate scenario forecasting into an optimization framework.