{"id":"https://openalex.org/W4416195092","doi":"https://doi.org/10.1145/3768292.3770426","title":"Learning to Manage Investment Portfolios beyond Simple Utility Functions","display_name":"Learning to Manage Investment Portfolios beyond Simple Utility Functions","publication_year":2025,"publication_date":"2025-11-14","ids":{"openalex":"https://openalex.org/W4416195092","doi":"https://doi.org/10.1145/3768292.3770426"},"language":null,"primary_location":{"id":"doi:10.1145/3768292.3770426","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3768292.3770426","pdf_url":null,"source":null,"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th ACM International Conference on AI in Finance","raw_type":"proceedings-article"},"type":"article","indexed_in":["arxiv","crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://doi.org/10.1145/3768292.3770426","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5091123035","display_name":"Maarten P. Scholl","orcid":"https://orcid.org/0000-0002-4561-401X"},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Maarten Peter Scholl","raw_affiliation_strings":["Computer Science, University of Oxford, Oxford, Oxfordshire, United Kingdom"],"affiliations":[{"raw_affiliation_string":"Computer Science, University of Oxford, Oxford, Oxfordshire, United Kingdom","institution_ids":["https://openalex.org/I40120149"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5112330078","display_name":"Mahmoud Mahfouz","orcid":"https://orcid.org/0000-0002-5953-2111"},"institutions":[{"id":"https://openalex.org/I4210125307","display_name":"Morgan Stanley (United Kingdom)","ror":"https://ror.org/03csd5507","country_code":"GB","type":"company","lineage":["https://openalex.org/I2802755631","https://openalex.org/I4210125307"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Mahmoud Mahfouz","raw_affiliation_strings":["J.P. Morgan, London, United Kingdom"],"affiliations":[{"raw_affiliation_string":"J.P. Morgan, London, United Kingdom","institution_ids":["https://openalex.org/I4210125307"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5020492975","display_name":"Anisoara Calinescu","orcid":"https://orcid.org/0000-0003-2082-734X"},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Anisoara Calinescu","raw_affiliation_strings":["University of Oxford, Oxford, Oxfordshire, United Kingdom"],"affiliations":[{"raw_affiliation_string":"University of Oxford, Oxford, Oxfordshire, United Kingdom","institution_ids":["https://openalex.org/I40120149"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5019087210","display_name":"J. Doyne Farmer","orcid":"https://orcid.org/0000-0001-7871-073X"},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"J. Doyne Farmer","raw_affiliation_strings":["University of Oxford, Oxford, Oxfordshire, United Kingdom"],"affiliations":[{"raw_affiliation_string":"University of Oxford, Oxford, Oxfordshire, United Kingdom","institution_ids":["https://openalex.org/I40120149"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5091123035"],"corresponding_institution_ids":["https://openalex.org/I40120149"],"apc_list":null,"apc_paid":null,"fwci":2.1106,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":{"value":0.90854909,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":91,"max":95},"biblio":{"volume":null,"issue":null,"first_page":"369","last_page":"377"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.1907999962568283,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.1907999962568283,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10775","display_name":"Generative Adversarial Networks and Image Synthesis","score":0.06639999896287918,"subfield":{"id":"https://openalex.org/subfields/1707","display_name":"Computer Vision and Pattern Recognition"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11596","display_name":"Constraint Satisfaction and Optimization","score":0.04699999839067459,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/simple","display_name":"Simple (philosophy)","score":0.7197999954223633},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.5648000240325928},{"id":"https://openalex.org/keywords/generative-grammar","display_name":"Generative grammar","score":0.40450000762939453},{"id":"https://openalex.org/keywords/investment-management","display_name":"Investment management","score":0.3864000141620636},{"id":"https://openalex.org/keywords/face","display_name":"Face (sociological concept)","score":0.3758000135421753},{"id":"https://openalex.org/keywords/investment-strategy","display_name":"Investment strategy","score":0.35179999470710754}],"concepts":[{"id":"https://openalex.org/C2780586882","wikidata":"https://www.wikidata.org/wiki/Q7520643","display_name":"Simple (philosophy)","level":2,"score":0.7197999954223633},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5662999749183655},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5648000240325928},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.447299987077713},{"id":"https://openalex.org/C39890363","wikidata":"https://www.wikidata.org/wiki/Q36108","display_name":"Generative grammar","level":2,"score":0.40450000762939453},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.39809998869895935},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.38960000872612},{"id":"https://openalex.org/C189188589","wikidata":"https://www.wikidata.org/wiki/Q14864997","display_name":"Investment management","level":3,"score":0.3864000141620636},{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.37790000438690186},{"id":"https://openalex.org/C2779304628","wikidata":"https://www.wikidata.org/wiki/Q3503480","display_name":"Face (sociological concept)","level":2,"score":0.3758000135421753},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3671000003814697},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.35179999470710754},{"id":"https://openalex.org/C167966045","wikidata":"https://www.wikidata.org/wiki/Q5532625","display_name":"Generative model","level":3,"score":0.3212999999523163},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.31850001215934753},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.30550000071525574},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3012000024318695},{"id":"https://openalex.org/C26517878","wikidata":"https://www.wikidata.org/wiki/Q228039","display_name":"Key (lock)","level":2,"score":0.2912999987602234},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.2648000121116638},{"id":"https://openalex.org/C36588987","wikidata":"https://www.wikidata.org/wiki/Q4201895","display_name":"Investment fund","level":3,"score":0.26010000705718994},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.25699999928474426},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.25119999051094055}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1145/3768292.3770426","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3768292.3770426","pdf_url":null,"source":null,"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th ACM International Conference on AI in Finance","raw_type":"proceedings-article"},{"id":"pmh:oai:arXiv.org:2510.26165","is_oa":true,"landing_page_url":"http://arxiv.org/abs/2510.26165","pdf_url":"https://arxiv.org/pdf/2510.26165","source":{"id":"https://openalex.org/S4393918464","display_name":"ArXiv.org","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"}],"best_oa_location":{"id":"doi:10.1145/3768292.3770426","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3768292.3770426","pdf_url":null,"source":null,"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th ACM International Conference on AI in Finance","raw_type":"proceedings-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G4511761941","display_name":null,"funder_award_id":"EP/W002949/1","funder_id":"https://openalex.org/F4320314731","funder_display_name":"UK Research and Innovation"}],"funders":[{"id":"https://openalex.org/F4320314731","display_name":"UK Research and Innovation","ror":"https://ror.org/001aqnf71"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W1724023967","https://openalex.org/W2050032417","https://openalex.org/W2068046750","https://openalex.org/W2136120210","https://openalex.org/W2808229969","https://openalex.org/W3005564061","https://openalex.org/W3015694082","https://openalex.org/W3094237116","https://openalex.org/W3124184879","https://openalex.org/W3173940100","https://openalex.org/W3177340596","https://openalex.org/W4232474910","https://openalex.org/W4241584625","https://openalex.org/W4385753172","https://openalex.org/W4387951571","https://openalex.org/W4388994329","https://openalex.org/W4404351432","https://openalex.org/W4404351480","https://openalex.org/W4413217965"],"related_works":[],"abstract_inverted_index":{"While":[0],"investment":[1],"funds":[2],"publicly":[3],"disclose":[4],"their":[5,10],"objectives":[6],"in":[7,39],"broad":[8],"terms,":[9],"managers":[11],"optimize":[12],"for":[13],"complex":[14],"combinations":[15],"of":[16,52],"competing":[17],"goals":[18],"that":[19,48],"go":[20],"beyond":[21],"simple":[22],"risk-return":[23],"trade-offs.":[24],"Traditional":[25],"approaches":[26],"attempt":[27],"to":[28],"model":[29],"this":[30],"through":[31],"multi-objective":[32],"utility":[33,59],"functions,":[34],"but":[35],"face":[36],"fundamental":[37],"challenges":[38],"specification":[40],"and":[41],"parameterization.":[42],"We":[43],"propose":[44],"a":[45],"generative":[46],"framework":[47],"learns":[49],"latent":[50],"representations":[51],"fund":[53],"manager":[54],"strategies":[55],"without":[56],"requiring":[57],"explicit":[58],"specification.":[60]},"counts_by_year":[{"year":2025,"cited_by_count":1}],"updated_date":"2026-03-27T05:58:40.876381","created_date":"2025-11-01T00:00:00"}