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This edition first published 2021

Copyright © 2021 by Daniel Tammas-Hastings. All rights reserved.

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Library of Congress Cataloging-in-Publication Data

Names: Tammas-Hastings, Daniel, author.

Title: Liability-driven investment : from analogue to digital, pensions to robo-advice / Daniel Tammas-Hastings.

Description: Hoboken, New Jersey : Wiley, [2021] | Series: Wiley finance | Includes index. | Summary: “The project aims to outline the usefulness and explain the growing popularity of Liability-Driven Investing (LDI). The ultimate aim of Liability Driven Investing is to ensure that investors have sufficient funds to pay liabilities.

This is a targeted approach that moves beyond the simple asset value maximization framework which is prevalent in the academic literature.”—Provided by publisher.

Identifiers: LCCN 2020055881 (print) | LCCN 2020055882 (ebook) | ISBN 9781119441953 (cloth) | ISBN 9781119441984 (adobe pdf) | ISBN 9781119441960 (epub) | ISBN 9781119441977 (obook)

Subjects: LCSH: Investments. | Liabilities (Accounting)

Classification: LCC HG4521 .T295 2021 (print) | LCC HG4521 (ebook) | DDC 332.6—dc23

LC record available at https://lccn.loc.gov/2020055881

LC ebook record available at https://lccn.loc.gov/2020055882

Cover Design: Wiley

Cover Image: © Tetra Images/Getty Images

Liability-Driven Investment

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