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Persistent link: https://www.econbiz.de/10009364875
liabilities, taken as given the valuation of liabilities. We introduce a model that allows for the joint valuation of liabilities …
Persistent link: https://www.econbiz.de/10010745722
Minimum variance and equally-weighted portfolios have recently prompted great interest both from academic researchers and market practitioners, as their construction does not rely on expected average returns and is therefore assumed to be robust. In this paper, we consider a related approach,...
Persistent link: https://www.econbiz.de/10008876085