Plantinga, Auke; Meer, Robert van der - In: The Geneva Papers on Risk and Insurance - Issues and … 20 (1995) 1, pp. 16-29
The subject of this paper is the performance measurement of the investment process of liability-driven investors, e.g. insurance companies and pension funds. It starts with a historical overview of the development of performance measurement in an “asset only” approach. However, when an...