Dynamic optimization for multi-goals wealth management
We develop a dynamic programming methodology that seeks to maximize investor
outcomes over multiple, potentially competing goals (such as upgrading a home, paying …
outcomes over multiple, potentially competing goals (such as upgrading a home, paying …
An efficient reinforcement learning approach for goal-based wealth management
J Zhang, C Wan, M Chen, H Liu - Expert Systems with Applications, 2024 - Elsevier
Goals-based wealth management (GBWM), an investment philosophy, is aiming to attain the
desired goal or goals specified by an investor, in a long-term investment. A good algorithm …
desired goal or goals specified by an investor, in a long-term investment. A good algorithm …
Optimizing pension outcomes using target‐driven investment strategies: Evidence from three Asian countries with the highest old‐age dependency ratio
Z Bai, K Wallbaum - Asia‐Pacific Journal of Financial Studies, 2020 - Wiley Online Library
As a response to unforeseeable market turbulence—such as the 2008 financial crisis and
the most recent market drawdown triggered by the COVID‐19 pandemic—we propose a …
the most recent market drawdown triggered by the COVID‐19 pandemic—we propose a …
Efficient Goal Probabilities: A New Frontier
In goals-based wealth management (GBWM), an investor looks to maximize the probabilities
of attaining each of n goals over time. Because the goals are in competition for potentially …
of attaining each of n goals over time. Because the goals are in competition for potentially …
[HTML][HTML] Liability-driven investment for pension funds: stochastic optimization with real assets
C Jang, A Clare, I Owadally - Risk Management, 2024 - Springer
Using a multi-stage stochastic programming method, we suggest an optimal liability-driven
investment (LDI) strategy for a closed defined-benefit pension fund including real assets …
investment (LDI) strategy for a closed defined-benefit pension fund including real assets …
Optimizing Pension Outcomes Using Target Volatility Investment Concept
Z Bai - 2022 - search.proquest.com
The target volatility strategy is a very popular investment concept in financial marketplace.
For my dissertation, I focus on studying the target volatility investment concept in application …
For my dissertation, I focus on studying the target volatility investment concept in application …
Dynamic Optimization for Multi-Goals-Based Wealth Management
We develop a dynamic programming methodology that seeks to maximize investor
outcomes over multiple, potentially competing goals (such as upgrading a home, paying …
outcomes over multiple, potentially competing goals (such as upgrading a home, paying …