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WebPrior to joining Optimum, Dave worked at The Northern Trust Company and UBS. Dave received his BA in Economics from the University of Dallas and his MBA from the … WebMar 5, 2015 · About the Author. Narayan V Nayak is a Banking and Finance professional with more than 4 decades of experience in this area. He has worked in various capacities and in diverse banking areas in a leading nationalized bank since 1971. Quit the bank in 2005 and worked as financial advisor to an SME with an export turnover of ₹500 crores for about 3 … WebNov 1, 2024 · The goal of this paper is to estimate the optimal asset allocation to stocks and bonds following the purchase of an annuity. A simple strategy of buying the annuity with bonds would result in an investment portfolio that appears riskier. For example, if an adviser buys a $125,000 income annuity from a $1 million portfolio with a 50/50 ... imdb shimmer and shine