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Author:Scherer, B.
Title:Hedging of corporate pension liabilities
Journal:Risk
2004 : AUG, VOL. 17:8, p. 86-90
Index terms:asset management
corporate finance
hedging
investments
Language:eng
Abstract:This article provides a normative theory of asset and liability management that views externally funded pension funds exclusively from a corporate finance point. The writer resolves the corporate finance problem and then derives standard asset management solutions.
SCIMA record nr: 261738
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