Optimal Investment Strategies for DC-Pension Fund under Combined Stochastic Volatility Models
Onwukwe Ijioma · Asian Research Journal of Mathematics · 2023
We investigate the optimal investment strategies of DC pension under stochastic volatility model using combined Heston-Hull-White (HHW) model with a constant income drawdown. The pension fund manager (PFM) aims to maximize the expected terminal utility of wealth in a complete mar...
Open access
Research Article
10.9734/arjom/2023/v19i9700