General Letters in Mathematics

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Optimal Investment Policy in a Pension Fund System with Return Clause and Multiple Assets under Volatility Risks

Edikan E. Akpanibah , Sylvanus K. Samaila

The essence of this work is to study the optimal investment policy in a defined contribution pension scheme with return clause of contributions under volatility risks. In our model, the pension fund managers are mandated to return the accumulated contributions of members who die during the accumulation ...

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