Papers on “portfolio optimization”
Research on “portfolio optimization” in the 480 tracked journals: papers per year and category, the journals, institutions and countries publishing it, the keywords studied with it and its most-cited papers. It is not among the most frequent keywords of the last 30 days, so this page has no list of its latest papers. Also as Markdown.
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Key findings#
- From 2017 to 2026 (so far), the keyword “portfolio optimization” appeared in 1,487 papers in the tracked journals, most of them in finance (518), operations research (433) and economics (302).
- 194 of them were published in 2025, against 143 in 2017.
- Since 2023, the institutions with the most of these papers were Technical University of Munich (11), Western University (10) and Charles University (9).
- The journals publishing most of them were Annals of Operations Research (67), Finance research letters (46) and Computational Economics (45).
- The most-cited of them is “Responsible Investing: The ESG-Efficient Frontier” (Journal of Financial Economics, 2019), with 2,101 citations.
Papers per year#
20172026 (so far)
| Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (so far) |
|---|---|---|---|---|---|---|---|---|---|---|
| Finance | 46 | 33 | 43 | 41 | 65 | 47 | 54 | 58 | 73 | 58 |
| Operations Research | 44 | 39 | 31 | 41 | 42 | 44 | 37 | 56 | 48 | 51 |
| Economics | 29 | 24 | 27 | 27 | 24 | 31 | 36 | 39 | 43 | 22 |
| AI | 16 | 11 | 10 | 13 | 22 | 26 | 22 | 16 | 26 | 14 |
| Statistics | 6 | 7 | 3 | 3 | 1 | 0 | 2 | 1 | 0 | 5 |
| Management | 2 | 1 | 1 | 2 | 2 | 2 | 5 | 4 | 1 | 1 |
| Information Systems | 0 | 0 | 1 | 1 | 0 | 2 | 1 | 1 | 1 | 0 |
| Accounting | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| All categories | 143 | 115 | 116 | 128 | 156 | 152 | 157 | 175 | 194 | 151 |
Where the papers come from#
| # | Journal | Papers |
|---|---|---|
| 1 | Annals of Operations Research | 67 |
| 2 | Finance research letters | 46 |
| 3 | Computational Economics | 45 |
| 4 | Expert Systems with Applications | 35 |
| 5 | European Journal of Operational Research | 28 |
| 6 | International Review of Economics & Finance | 17 |
| 7 | International Review of Financial Analysis | 16 |
| 8 | The North American Journal of Economics and Finance | 16 |
| 9 | Research in International Business and Finance | 12 |
| 10 | Financial Innovation | 12 |
| # | Institution | Papers |
|---|---|---|
| 1 | Technical University of Munich | 11 |
| 2 | Western University | 10 |
| 3 | Charles University | 9 |
| 4 | Sapienza University of Rome | 9 |
| 5 | Southwestern University of Finance and Economics | 9 |
| 6 | University of Bergamo | 8 |
| 7 | VSB - Technical University of Ostrava | 8 |
| 8 | Lebanese American University | 7 |
| 9 | Paris School of Business | 7 |
| 10 | Hunan University | 6 |
| # | Country | Papers |
|---|---|---|
| 1 | China | 172 |
| 2 | United States | 98 |
| 3 | Italy | 62 |
| 4 | United Kingdom | 56 |
| 5 | India | 45 |
| 6 | Germany | 42 |
| 7 | France | 40 |
| 8 | Canada | 37 |
| 9 | South Korea | 28 |
| 10 | Czechia | 24 |
| # | Keyword | Papers |
|---|---|---|
| 1 | Sharpe ratio | 55 |
| 2 | conditional value at risk | 50 |
| 3 | out-of-sample performance | 49 |
| 4 | asset allocation | 40 |
| 5 | COVID-19 pandemic | 34 |
| 6 | transaction costs | 32 |
| 7 | risk management | 30 |
| 8 | mean-variance optimization | 28 |
| 9 | portfolio diversification | 26 |
Most-cited papers#
| # | Citations | Per month | Title | Journal | Published | Authors |
|---|---|---|---|---|---|---|
| 1 | 2,101 | 22.3 | Responsible Investing: The ESG-Efficient Frontier | Journal of Financial Economics | 2019-01-01 | Lasse Heje Pedersen, Shaun Fitzgibbons, Łukasz Pomorski |
| 2 | 1,353 | 22.0 | Sustainable investing with ESG rating uncertainty | Journal of Financial Economics | 2021-09-17 | Doron Avramov, Si Cheng, Abraham Lioui et al. |
| 3 | 691 | 6.7 | Time varying risk aversion | Journal of Financial Economics | 2018-03-19 | Luigi Guiso, Paola Sapienza, Luigi Zingales |
| 4 | 384 | 3.6 | Conditional Tail-Risk in Cryptocurrency Markets | Journal of Empirical Finance | 2018-01-01 | Nicola Borri |
| 5 | 353 | 4.3 | Blind to carbon risk? An analysis of stock market reaction to the Paris Agreement | Ecological Economics | 2020-01-15 | Irene Monasterolo, Luca De Angelis |
Research ideas that follow this keyword#
Cite this page
Scholar4AI. (2026). Papers on “portfolio optimization”. Journal and Conference Research Rankings. Retrieved November 3, 2026, from https://scholar4ai.com/keywords/portfolio-optimization
@misc{scholar4ai-keywords-portfolio-optimization,
author = {{Scholar4AI}},
title = {Papers on “portfolio optimization”},
year = {2026},
howpublished = {\url{https://scholar4ai.com/keywords/portfolio-optimization}},
urldate = {2026-11-03},
note = {Journal and Conference Research Rankings; data from OpenAlex (CC0); licensed CC BY-NC 4.0}
}