The paper investigates asset allocation of defined contribution (DC) plan in Ghana using the
Tier 2 Master Trust Occupational Pension Scheme (MTOPS) as a case study. The paper …

In this paper, we propose a stochastic investment model for actuarial use in South Africa by
modelling price inflation rates, share dividends, long-term and short-term interest rates for …

The need for stochastic modelling is on the rise globally in the pension, life insurance and
investment industries due to both an increase in regulation and a natural requirement for …

In this paper, we propose a stochastic investment model for actuarial use in South Africa by
modelling price inflation rates, share dividends, long-term and short-term interest rates for …

The study explores the modelling of asset returns in portfolio as a stochastic process which
exhibits mean reversion towards the long-term stationary mean. This can be thought of as if …