Understand the investment template that dominates the pension industry
Liability-Driven Investment is the practitioner’s guide to this increasingly popular investment template. Already the dominant framework for pension schemes in Europe and the UK, the LDI market is expected to grow significantly with the shift from Defined Benefit to Defined Contribution, and then into Digital Asset Management — or Robo-Advice. With an aging population and significant under-saving globally, more and more finance professionals will need to know how to work within and around the LDI framework; this book provides clear explanations for the framework's usefulness and growing popularity to help practitioners find their bearings in and around the LDI space.
The ultimate goal of LDI is to move beyond simple asset value maximisation and ensure that investors have sufficient funds to pay liabilities. This informative guide digs into that basic premise to show the various mechanisms, guidelines and practices that make up the framework's "working parts."
Discover the optimal investment strategies in multiple assets classes
Understand the key characteristics of the instruments used, including bonds, interest rate derivatives, and inflation linked products
Learn why pension companies and individual investors are moving toward LDI
Explore the ways in which the explosive growth of Robo-Advice will change retail investment
Finance professionals have long been accustomed to shifting landscapes — it is taken as a given that prevailing thought and attendant practices will change over time — but the rapid expansion of LDI has taken many by surprise. Having already been established as the dominant framework for pensions, it is clear that the emphasis on LDI will only continue to grow. Liability-Driven Investment tells you what you need to know in order to work effectively with LDI.
Influence Without Authority (2nd Edition) At some point, almost all of us will find ourselves in the same bind at work: we know what needs to be done and how to do it, but we can't get the right people on board. The risk is allowing frustration to become resignation—or unproductive retaliation. Fortunately, the new and improved Influence Without Authority, Second Edition offers a... Drupal 6 Site Builder Solutions
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This book is designed primarily for business owners who want to create a new website for their company or upgrade a company website to be easier to maintain and have advanced capabilities.
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XML in a Nutshell, Third Edition There's a lot to know about XML, and it s constantly evolving. But you don't need to commit every syntax, API, or XSLT transformation to memory; you only need to know where to find it. And if it's a detail that has to do with XML or its companion standards, you'll find it--clear, concise, useful, and well-organized--in the updated third...
Songwriting For Dummies
Proven techniques for songwriting success
This friendly, hands-on guide tackles the new face of the recording industry, guiding you through the shift from traditional sales to downloads and mobile music, as well as how you can harness social media networks to get your music "out there." You get basic songwriting...
Mathematical and Engineering Methods in Computer Science: 8th International Doctoral Workshop, MEMICS 2012, Znojmo, Czech Republic, October 25-28, ... Papers (Lecture Notes in Computer Science)
This volume contains the post-proceedings of the 8th Doctoral Workshop on Mathematical and Engineering Methods in Computer Science, MEMICS 2012, held in Znojmo, Czech Republic, in October, 2012. The 13 thoroughly revised papers were carefully selected out of 31 submissions and are presented together with 6 invited papers. The topics covered by... Windows 2000: Quick Fixes O'Reilly and Associates is known mainly for publishing excellent books about programming languages and operating systems, and for catering to propellerheads' endless appetite for minor details. In Windows 2000 Quick Fixes, O'Reilly proves that it can put out equally excellent books for less technical users of operating systems--people...