| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10322530 | Expert Systems with Applications | 2012 | 6 Pages |
Abstract
⺠A simulation algorithm, evolution strategies, enable slong-term investment selection of defined-contribution pensions. ⺠Multi-period asset allocation matches the target liability amount by ther etirement date and reduces downside risk. ⺠Simulations reveal promising multi-period asset investment strategies without high sensitivity to single-point forecasts. ⺠Algorithm results achieve higher average investment returns and lower levels of volatility under different conditions. ⺠With downside risk monitoring, this approach can help risk-seeking managers and investors enhance investment performance.
Related Topics
Physical Sciences and Engineering
Computer Science
Artificial Intelligence
Authors
Tzu-Yi Yu, Hong-Chih Huang, Chun-Lung Chen, Qun-Ting Lin,