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Q-Club Meeting (Note: Date and room changes)

12/14/17 11:45am to 12:30pm

Location: Valentine 202
Date: Thursday,  December 14, 2017

Malakia Takane

Title: Portfolio Utility Optimization

Abstract:  Mathematical Finance is the field of mathematics that studies financial markets. My project focuses on developing an optimal investment strategy that seeks to build up wealth or pension payment stream while providing a balance between risk and reward. More precisely, the objective of this project is twofold: (1) to contribute to the practical application of utility optimization in building up wealth or retirement pension by utilizing an iterative procedure (a binomial tree model) and (2) to illustrate by way of case study the use of utility optimization to determine the percentage of capital in stock at each time period in the given optimal portfolio.