Discovery Projects - Grant ID: DP0878155

Funding Activity

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Funded Activity Summary

Pricing and Hedging Extreme Maturity Contracts. Most Australians belong to superannuation schemes. Hence, the long term performance and risk of these investments is of particular importance to the welfare of Australia. This research will improve the life-long financial security of Australians by clearly demonstrating that many superannuation targets can be achieved with less capital than currently suggested. This project will provide new technology for enhancing the long term performance of superannuation funds, managed funds, investment banks and insurance companies, giving these Australian institutions a competitive advantage and permitting them to offer innovative financial products to mitigate extreme maturity financial risk in retirement.

Funded Activity Details

Start Date: 01-02-2008

End Date: 30-06-2012

Funding Scheme: Discovery Projects

Funding Amount: $340,000.00

Funder: Australian Research Council