English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

Portfolio selection in the periodic investment of securities modeled by amultivariate Merton model with dependent jumps is considered. The optimizationframework is designed to maximize expected terminal wealth when portfolio riskis measured by the Condition-Value-at-Risk ($CVaR$). Solving the portfoliooptimization problem by Monte Carlo simulation often requires intensive andtime-consuming computation; hence a faster and more efficient portfoliooptimization method based on closed-form comonotonic bounds for the riskmeasure $CVaR$ of the terminal wealth is proposed.

Portfolio Selection under Multivariate Merton Model with Correlated Jump Risk