As global financial markets become increasingly interconnected, accurately modelling correlations between assets is essential. Traditional models often assume static correlations, which fail to ...

Stochastic dominance provides a rigorous method to compare uncertain prospects without imposing restrictive assumptions on investor risk preferences, thus offering an alternative to traditional ...

The field of stochastic control and portfolio optimization under partial information focuses on the development of strategies that account for the inherent uncertainty of financial markets when not ...

The Annals of Applied Probability, Vol. 29, No. 5 (October 2019), pp. 2849-2883 (35 pages) In the seminal work (Stochastic Portfolio Theory: Stochastic Modelling and Applied Probability (2002) ...

The rise of model portfolios is undeniable. Based on the universe of model portfolios reported to Morningstar, nearly 800 individual model portfolios were launched since 2019. That’s almost one third ...

Model investment portfolios have become a staple for many financial advisors. Their simplicity allows advisors to scale their practices while spending more time managing client relationships. While ...

Ortec Finance’s GLASS platform enhances dynamic asset-liability management for institutional investors amid inflation and market volatility. With new liquidity risk modelling and machine learning ...