活动地点：

活动类型：学术报告

主讲人：Qiang Zhang (City University of Hong Kong)

活动时间：

活动内容：In recent years, various continuous-time strategies in portfolio management have been developed with different objectives. However the risks associated with these strategies are not well understood. We focus on one particular measure of risk in this talk, namely the probability of bankruptcy occurring while applying these strategies. We demonstrate that if the target return rate is set above certain critical value, then the probability of being in bankruptcy will be one hundred percent for a long term investor.