Kon Vatskalis - New Portfolio

New Portfolio

Another cabinet reshuffle on 4 February 2009 has seen Vatskalis take the Government's Health portfolio from Dr Chris Burns while remaining the Minister for Primary Industry, Fisheries and Resources. In December 2009 he added the child protection portfolio to his duties.

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Satellite (financial) - Mathematical Model - Diversification
... An investor can reduce portfolio risk simply by holding combinations of instruments that are not perfectly positively correlated (correlation coefficient ) ... their exposure to individual asset risk by holding a diversified portfolio of assets ... Diversification may allow for the same portfolio expected return with reduced risk ...