Dan Tammas-Hastings

Liability-Driven Investment


Скачать книгу

f8298f-c665-51f9-9d27-da0b01ca06ce">

      

      Table of Contents

      1  Cover

      2  Title Page

      3  Copyright

      4  Dedication

      5  Preface

      6  CHAPTER 1: Liability-Driven Investment and Multi-Asset Class Investing MOVING BEYOND MODERN PORTFOLIO THEORY: INTRODUCING THE WORLD OF LIABILITY-DRIVEN INVESTMENT THE CULT OF EQUITY THE PENSION PROTECTION FUND SUMMARY

      7  CHAPTER 2: Introduction to Investment Risk RISK MANAGEMENT THE IMPORTANCE OF RISK VS RETURN QUANTIFYING RISK SYSTEMATIC AND NONSYSTEMATIC RISK CREATING A RISK PROFILE SUMMARY

      8  CHAPTER 3: Introductory Steps into the World of Multi-Asset Class Investment SOME HANDY DEFINITIONS THE STARTING POINT INTRODUCING MODERN PORTFOLIO THEORY MORE HANDY DEFINITIONS BUT HOW DOES THE ASSET ALLOCATION DECISION WORK? HOME COUNTRY BIAS: DEVELOPING A STRATEGY FOR MULTIPLE ASSET CLASSES QUICK ASIDE: SUMMARY

      9  CHAPTER 4: Building Investment Portfolios (FUNDAMENTAL, TECHNICAL AND QUANTITATIVE TECHNIQUES) AN INTRODUCTION TO SINGLE STOCK SELECTION THE TYPES OF ANALYSIS FUNDAMENTAL ANALYSIS OF SECURITIES TECHNICAL ANALYSIS OF SECURITIES QUANTITATIVE ANALYSIS THE PASSIVE VS ACTIVE DEBATE SO, PASSIVE OR ACTIVE? SUMMARY

      10  CHAPTER 5: Building Investment Portfolios CHOOSING THE MANAGER MOVING ON TO OPERATIONAL DUE DILIGENCE A SAMPLE (NON-EXHAUSTIVE) LIST OF OPERATIONAL CHECKS PART 3 PORTFOLIO SELECTION

      11  CHAPTER 6: Moving Towards Liability Driven Investing THE TIME VALUE OF MONEY THE BASICS CONTINUED: REAL VERSUS NOMINAL DISCOUNTING A SIMPLE AND BRIEF LOOK AT BONDS IMMUNISATION THEORY AND FRANK REDINGTON AN INTRODUCTION TO INTEREST RATE SWAPS AN INTRODUCTION TO INFLATION-LINKED SECURITIES

      12  CHAPTER 7: The Defined Benefit Pension Plan and Explicit Liabilities THE BOOTS EXAMPLE THE STAKEHOLDERS IN A TYPICAL PLAN WHAT ARE THE LIABILITIES?

      13  CHAPTER 8: ESG, Governance and the Pensions Industry THE UN PRI THE INCREASING IMPORTANCE OF ESG THE MAIN APPROACHES TO ETHICAL INVESTING ESG: A SCREENING APPROACH ESG: AN INTEGRATION-BASED APPROACH IMPACT-BASED ESG INVESTING ENGAGEMENT-BASED ESG INVESTING ESG IN HISTORY INCORPORATING ESG INTO THE SIP THE REVISED STATEMENT SHOULD

      14  CHAPTER 9: Moving Beyond Liability-Driven Investment THE WORLD OF CDI WHAT IS THE DIFFERENCE BETWEEN LDI AND CDI? CREDIT WHERE IT'S DUE CASH FLOW-DRIVEN INVESTMENT IN ACTION

      15  CHAPTER 10: The Statement of Investment Principles DRAWING