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Financial engineering is a process to develope the derivative products such as future, forward, option and swap.
Portfolio engineering is a cross‐disciplinary field which relies on the techniques and methods of mathematical optimization (single or multiobjective), portfolio theory and computers science to structure highyield and well‐diversified investment portfolios.
The creation of new and improved financial products through innovative design or repackaging of existing financial instruments.Financial engineers use various mathematical tools in order to create new investment strategies. The new products created by financial engineers can serve as solutions to problems or as ways to maximize returns from potential investment opportunities
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