TY  - JOUR
AB  - Assumptions regarding long‐term expected returns have significant implications for asset/liability management of financial institutions. This article questions the validity of common assumptions regarding long‐term expected returns that are employed by financial institutions, in particular insurance companies. Although this article directly addresses this issue in the context of the insurance industry, the discussion is relevant for all institutional investors in fixed income markets.
VL  - 4
IS  - 2
SN  - 1526-5943
DO  - 10.1108/eb022957
UR  - https://doi.org/10.1108/eb022957
AU  - GILLES CHRISTIAN
AU  - RUBIN LARRY
AU  - RYDING JOHN
AU  - TILMAN LEO M.
AU  - RAJADHYAKSHA AJAY
PY  - 2003
Y1  - 2003/01/01
TI  - Long‐Term Economic and Market Trends and Their Implications for Asset/Liability Management of Insurance Companies
T2  - The Journal of Risk Finance
PB  - MCB UP Ltd
SP  - 5
EP  - 18
Y2  - 2024/04/23
ER  -