{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,2,14]],"date-time":"2026-02-14T00:45:59Z","timestamp":1771029959892,"version":"3.50.1"},"reference-count":42,"publisher":"Springer Science and Business Media LLC","issue":"8","license":[{"start":{"date-parts":[[2017,2,17]],"date-time":"2017-02-17T00:00:00Z","timestamp":1487289600000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/www.springer.com\/tdm"}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["Neural Comput &amp; Applic"],"published-print":{"date-parts":[[2018,10]]},"DOI":"10.1007\/s00521-017-2882-2","type":"journal-article","created":{"date-parts":[[2017,2,17]],"date-time":"2017-02-17T08:19:34Z","timestamp":1487319574000},"page":"2625-2641","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":36,"title":["Index tracking optimization with cardinality constraint: a performance comparison of genetic algorithms and tabu search heuristics"],"prefix":"10.1007","volume":"30","author":[{"given":"Fernando","family":"Garc\u00eda","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-8803-5165","authenticated-orcid":false,"given":"Francisco","family":"Guijarro","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Javier","family":"Oliver","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2017,2,17]]},"reference":[{"key":"2882_CR1","doi-asserted-by":"crossref","first-page":"7684","DOI":"10.1016\/j.eswa.2015.06.001","volume":"42","author":"R Aguilar-Rivera","year":"2015","unstructured":"Aguilar-Rivera R, Valenzuela-Rend\u00f3n M, Rodr\u00edguez-Ortiz JJ (2015) Genetic algorithms and Darwinian approaches in financial applications: a survey. Expert Syst Appl 42:7684\u20137697","journal-title":"Expert Syst Appl"},{"key":"2882_CR2","doi-asserted-by":"crossref","first-page":"16","DOI":"10.1016\/j.tre.2012.11.006","volume":"52","author":"K Andriosopoulos","year":"2013","unstructured":"Andriosopoulos K, Doumpos M, Papapostolou NC, Pouliasis PK (2013) Portfolio optimization and index tracking for the shipping stock and freight markets using evolutionary algorithms. Transp Res Part E Logist Transp Rev 52:16\u201334","journal-title":"Transp Res Part E Logist Transp Rev"},{"key":"2882_CR3","doi-asserted-by":"crossref","first-page":"77","DOI":"10.1007\/s10479-012-1168-4","volume":"205","author":"B Aouni","year":"2013","unstructured":"Aouni B, Colapinto C, La Torre D (2013) A cardinality constrained stochastic goal programming model with satisfaction functions for venture capital investment decision making. Ann Oper Res 205:77\u201388","journal-title":"Ann Oper Res"},{"key":"2882_CR4","doi-asserted-by":"crossref","first-page":"9221","DOI":"10.1016\/j.eswa.2015.08.010","volume":"42","author":"S Barak","year":"2015","unstructured":"Barak S, Dahooie JH, Tich\u00fd T (2015) Wrapper ANFIS-ICA method to do stock market timing and feature selection on the basis of Japanese candlestick. Expert Syst Appl 42:9221\u20139235","journal-title":"Expert Syst Appl"},{"key":"2882_CR5","doi-asserted-by":"crossref","first-page":"1069","DOI":"10.1057\/jors.1990.166","volume":"41","author":"JE Beasley","year":"1990","unstructured":"Beasley JE (1990) OR-Library: distributing test problems by electronic mail. J Oper Res Soc 41:1069\u20131072","journal-title":"J Oper Res Soc"},{"key":"2882_CR6","doi-asserted-by":"crossref","first-page":"621","DOI":"10.1016\/S0377-2217(02)00425-3","volume":"148","author":"JE Beasley","year":"2003","unstructured":"Beasley JE, Meade N, Chang TJ (2003) An evolutionary heuristic for the index tracking problem. Eur J Oper Res 148:621\u2013643","journal-title":"Eur J Oper Res"},{"key":"2882_CR7","doi-asserted-by":"crossref","first-page":"307","DOI":"10.1016\/j.eswa.2015.10.040","volume":"46","author":"JM Berutich","year":"2016","unstructured":"Berutich JM, L\u00f3pez F, Luna F, Quintana D (2016) Robust technical trading strategies using GP for algorithmic portfolio selection. Expert Syst Appl 46:307\u2013315","journal-title":"Expert Syst Appl"},{"key":"2882_CR8","doi-asserted-by":"crossref","first-page":"384","DOI":"10.1016\/j.ejor.2008.03.015","volume":"196","author":"NA Canakgoz","year":"2008","unstructured":"Canakgoz NA, Beasley JE (2008) Mixed-integer programming approaches for index tracking and enhanced indexation. Eur J Oper Res 196:384\u2013399","journal-title":"Eur J Oper Res"},{"key":"2882_CR9","doi-asserted-by":"crossref","first-page":"213","DOI":"10.1007\/s10479-012-1165-7","volume":"205","author":"F Cesarone","year":"2013","unstructured":"Cesarone F, Scozzari A, Tardella F (2013) A new method for mean-variance portfolio optimization with cardinality constraints. Ann Oper Res 205:213\u2013234","journal-title":"Ann Oper Res"},{"key":"2882_CR10","doi-asserted-by":"crossref","first-page":"1271","DOI":"10.1016\/S0305-0548(99)00074-X","volume":"27","author":"TJ Chang","year":"2000","unstructured":"Chang TJ, Meade N, Beasley JE, Sharaiha YM (2000) Heuristics for cardinality constrained portfolio optimisation. Comput Oper Res 27:1271\u20131302","journal-title":"Comput Oper Res"},{"key":"2882_CR11","first-page":"19","volume":"19","author":"L Chavez-Bedoya","year":"2014","unstructured":"Chavez-Bedoya L, Birge JR (2014) Index tracking and enhanced indexation using a parametric approach. J Econ Financ Adm Sci 19:19\u201344","journal-title":"J Econ Financ Adm Sci"},{"key":"2882_CR12","doi-asserted-by":"crossref","first-page":"829","DOI":"10.1016\/j.cor.2010.08.019","volume":"39","author":"C Chen","year":"2012","unstructured":"Chen C, Kwon RH (2012) Robust portfolio selection for index tracking. Comput Oper Res 39:829\u2013837","journal-title":"Comput Oper Res"},{"key":"2882_CR13","doi-asserted-by":"crossref","first-page":"3392","DOI":"10.1016\/j.asoc.2013.01.021","volume":"13","author":"SC Chiam","year":"2013","unstructured":"Chiam SC, Tan KC, Al Mamun A (2013) Dynamic index tracking via multi-objective evolutionary algorithm. Appl Soft Comput J 13:3392\u20133408","journal-title":"Appl Soft Comput J"},{"key":"2882_CR14","doi-asserted-by":"crossref","first-page":"75","DOI":"10.2469\/faj.v51.n6.1952","volume":"51","author":"G Connor","year":"1995","unstructured":"Connor G, Leland H (1995) Cash management for index tracking. Financ Anal J 51:75\u201380","journal-title":"Financ Anal J"},{"key":"2882_CR15","doi-asserted-by":"crossref","first-page":"2215","DOI":"10.1016\/j.jbankfin.2005.07.012","volume":"30","author":"F Corielli","year":"2006","unstructured":"Corielli F, Marcellino M (2006) Factor based index tracking. J Bank Financ 30:2215\u20132233","journal-title":"J Bank Financ"},{"key":"2882_CR16","doi-asserted-by":"crossref","first-page":"229","DOI":"10.1007\/s00521-012-0821-9","volume":"23","author":"CL Dunis","year":"2013","unstructured":"Dunis CL, Rosillo R, de la Fuente D, Pino R (2013) Forecasting IBEX-35 moves using support vector machines. Neural Comput Appl 23:229\u2013236","journal-title":"Neural Comput Appl"},{"key":"2882_CR17","doi-asserted-by":"crossref","first-page":"383","DOI":"10.2307\/2325486","volume":"25","author":"EF Fama","year":"1970","unstructured":"Fama EF (1970) efficient capital markets: a review of theory and empirical work. J Financ 25:383\u2013417","journal-title":"J Financ"},{"key":"2882_CR18","doi-asserted-by":"crossref","first-page":"122","DOI":"10.1016\/j.omega.2016.01.004","volume":"65","author":"C Filippi","year":"2016","unstructured":"Filippi C, Guastaroba G, Speranza MG (2016) A heuristic framework for the bi-objective enhanced index tracking problem. Omega 65:122\u2013137","journal-title":"Omega"},{"key":"2882_CR19","doi-asserted-by":"crossref","first-page":"6","DOI":"10.3905\/jpm.1992.409419","volume":"18","author":"EC Franks","year":"1992","unstructured":"Franks EC (1992) Targeting excess-of-benchmark returns. J Portf Manag 18:6\u201312","journal-title":"J Portf Manag"},{"key":"2882_CR20","doi-asserted-by":"crossref","first-page":"23","DOI":"10.1177\/031289620503000103","volume":"30","author":"A Frino","year":"2005","unstructured":"Frino A, Gallagher DR, Oetomo TN (2005) The index tracking strategies of passive and enhanced index equity funds. Aust J Manag 30:23\u201355","journal-title":"Aust J Manag"},{"key":"2882_CR21","doi-asserted-by":"crossref","first-page":"1781","DOI":"10.1016\/j.mcm.2011.02.015","volume":"54","author":"F Garc\u00eda","year":"2011","unstructured":"Garc\u00eda F, Guijarro F, Moya I (2011) The curvature of the tracking frontier: a new criterion for the partial index tracking problem. Math Comput Model 54:1781\u20131784","journal-title":"Math Comput Model"},{"key":"2882_CR22","doi-asserted-by":"crossref","first-page":"533","DOI":"10.1016\/0305-0548(86)90048-1","volume":"13","author":"F Glover","year":"1986","unstructured":"Glover F (1986) Future paths for integer programming an links to artificial intelligence. Comput Oper Res 13:533\u2013549","journal-title":"Comput Oper Res"},{"key":"2882_CR23","doi-asserted-by":"crossref","first-page":"54","DOI":"10.1016\/j.ejor.2011.09.004","volume":"217","author":"G Guastaroba","year":"2012","unstructured":"Guastaroba G, Speranza MG (2012) Kernel search: an application to the index tracking problem. Eur J Oper Res 217:54\u201368","journal-title":"Eur J Oper Res"},{"key":"2882_CR24","volume-title":"Adaptation in natural and artificial systems. An introductory analysis with applications to biology, control and artificial intelligence","author":"JH Holland","year":"1975","unstructured":"Holland JH (1975) Adaptation in natural and artificial systems. An introductory analysis with applications to biology, control and artificial intelligence. University of Michigan Press, Ann Arbor"},{"key":"2882_CR25","doi-asserted-by":"crossref","first-page":"651","DOI":"10.1007\/s00521-011-0721-4","volume":"22","author":"C Hsu","year":"2013","unstructured":"Hsu C (2013) A hybrid procedure with feature selection for resolving stock\/futures price forecasting problems. Neural Comput Appl 22:651\u2013671","journal-title":"Neural Comput Appl"},{"key":"2882_CR26","doi-asserted-by":"crossref","first-page":"6101","DOI":"10.1016\/j.eswa.2010.11.001","volume":"38","author":"Q Li","year":"2011","unstructured":"Li Q, Sun L, Bao L (2011) Enhanced index tracking based on multi-objective immune algorithm. Expert Syst Appl 38:6101\u20136106","journal-title":"Expert Syst Appl"},{"key":"2882_CR27","doi-asserted-by":"crossref","first-page":"67","DOI":"10.1007\/s00521-014-1550-z","volume":"27","author":"X Li","year":"2014","unstructured":"Li X, Xie H, Wang R, Cai Y, Cao J, Wang F, Min H, Deng X (2014) Empirical analysis: stock market prediction via extreme learning machine. Neural Comput Appl 27:67\u201378","journal-title":"Neural Comput Appl"},{"key":"2882_CR28","doi-asserted-by":"crossref","first-page":"256","DOI":"10.1007\/s00521-004-0462-8","volume":"14","author":"A Lindemann","year":"2005","unstructured":"Lindemann A, Dunis CL, Lisboa P (2005) Level estimation, classification and probability distribution architectures for trading the EUR\/USD exchange rate. Neural Comput Appl 14:256\u2013271","journal-title":"Neural Comput Appl"},{"key":"2882_CR29","doi-asserted-by":"crossref","first-page":"341","DOI":"10.1007\/s10479-006-0145-1","volume":"152","author":"MS Lobo","year":"2007","unstructured":"Lobo MS, Fazel M, Boyd S (2007) Portfolio optimization with linear and fixed transaction costs. Ann Oper Res 152:341\u2013365","journal-title":"Ann Oper Res"},{"key":"2882_CR30","doi-asserted-by":"crossref","first-page":"251","DOI":"10.1007\/s10489-012-0411-7","volume":"39","author":"K Lwin","year":"2013","unstructured":"Lwin K, Qu R (2013) A hybrid algorithm for constrained portfolio selection problems. Appl Intell 39:251\u2013266","journal-title":"Appl Intell"},{"key":"2882_CR31","doi-asserted-by":"crossref","first-page":"481","DOI":"10.1007\/s00291-003-0139-1","volume":"25","author":"D Maringer","year":"2003","unstructured":"Maringer D, Kellerer H (2003) Optimization of cardinality constrained portfolios with a hybrid local search algorithm. OR Spectr 25:481\u2013495","journal-title":"OR Spectr"},{"key":"2882_CR32","first-page":"77","volume":"7","author":"H Markowitz","year":"1952","unstructured":"Markowitz H (1952) Portfolio selection. J Financ 7:77\u201391","journal-title":"J Financ"},{"key":"2882_CR33","doi-asserted-by":"crossref","first-page":"61","DOI":"10.1007\/s11590-012-0534-0","volume":"8","author":"H Mezali","year":"2014","unstructured":"Mezali H, Beasley JE (2014) Index tracking with fixed and variable transaction costs. Optim Lett 8:61\u201380","journal-title":"Optim Lett"},{"key":"2882_CR34","doi-asserted-by":"crossref","first-page":"4519","DOI":"10.1016\/j.asoc.2013.08.012","volume":"13","author":"H Ni","year":"2013","unstructured":"Ni H, Wang Y (2013) Stock index tracking by Pareto efficient genetic algorithm. Appl Soft Comput J 13:4519\u20134535","journal-title":"Appl Soft Comput J"},{"key":"2882_CR35","doi-asserted-by":"crossref","first-page":"13","DOI":"10.3905\/jpm.1992.701922","volume":"18","author":"R Roll","year":"1992","unstructured":"Roll R (1992) A mean\/variance analysis of tracking error. J Portf Manag 18:13\u201322","journal-title":"J Portf Manag"},{"key":"2882_CR36","doi-asserted-by":"crossref","first-page":"57","DOI":"10.1007\/s10479-008-0404-4","volume":"166","author":"R Ruiz-Torrubiano","year":"2009","unstructured":"Ruiz-Torrubiano R, Su\u00e1rez A (2009) A hybrid optimization approach to index tracking. Ann Oper Res 166:57\u201371","journal-title":"Ann Oper Res"},{"key":"2882_CR37","doi-asserted-by":"publisher","DOI":"10.1007\/s10479-016-2111-x","author":"LR Sant\u2019Anna","year":"2016","unstructured":"Sant\u2019Anna LR, Filomena RP, Guedes PC, Borenstein D (2016) Index tracking with controlled number of assets using a hybrid heuristic combining genetic algorithm and non-linear programming. Ann Oper Res. doi:\n                        10.1007\/s10479-016-2111-x","journal-title":"Ann Oper Res"},{"key":"2882_CR38","doi-asserted-by":"crossref","first-page":"9","DOI":"10.3905\/jwm.2000.320332","volume":"3","author":"JB Shoven","year":"2000","unstructured":"Shoven JB, Sialm C (2000) The Dow Jones industrial average: the impact of fixing its flaws. J Wealth Manag 3:9\u201318","journal-title":"J Wealth Manag"},{"key":"2882_CR39","doi-asserted-by":"crossref","unstructured":"Streichert F, Ulmer H, Zell A (2004) Evolutionary algorithms and the cardinality constrained portfolio optimization problem. In: Proceedings of the operations research 2003. Springer, Berlin, pp 253\u2013260","DOI":"10.1007\/978-3-642-17022-5_33"},{"key":"2882_CR40","doi-asserted-by":"crossref","first-page":"805","DOI":"10.1007\/s00521-015-1897-9","volume":"27","author":"M Thenmozhi","year":"2016","unstructured":"Thenmozhi M, Sarath Chand G (2016) Forecasting stock returns based on information transmission across global markets using support vector machines. Neural Comput Appl 27:805\u2013824","journal-title":"Neural Comput Appl"},{"key":"2882_CR41","doi-asserted-by":"crossref","first-page":"591","DOI":"10.1007\/s10479-011-1042-9","volume":"196","author":"M Wang","year":"2012","unstructured":"Wang M, Xu C, Xu F, Xue H (2012) A mixed 0\u20131 LP for index tracking problem with CVaR risk constraints. Ann Oper Res 196:591\u2013609","journal-title":"Ann Oper Res"},{"key":"2882_CR42","doi-asserted-by":"crossref","first-page":"538","DOI":"10.1016\/j.ejor.2011.03.030","volume":"213","author":"M Woodside-Oriakhi","year":"2011","unstructured":"Woodside-Oriakhi M, Lucas C, Beasley JE (2011) Heuristic algorithms for the cardinality constrained efficient frontier. Eur J Oper Res 213:538\u2013550","journal-title":"Eur J Oper Res"}],"container-title":["Neural Computing and Applications"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/link.springer.com\/article\/10.1007\/s00521-017-2882-2\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s00521-017-2882-2.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s00521-017-2882-2.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2018,9,26]],"date-time":"2018-09-26T03:39:01Z","timestamp":1537933141000},"score":1,"resource":{"primary":{"URL":"http:\/\/link.springer.com\/10.1007\/s00521-017-2882-2"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2017,2,17]]},"references-count":42,"journal-issue":{"issue":"8","published-print":{"date-parts":[[2018,10]]}},"alternative-id":["2882"],"URL":"https:\/\/doi.org\/10.1007\/s00521-017-2882-2","relation":{},"ISSN":["0941-0643","1433-3058"],"issn-type":[{"value":"0941-0643","type":"print"},{"value":"1433-3058","type":"electronic"}],"subject":[],"published":{"date-parts":[[2017,2,17]]}}}