{"product_id":"9781119441953","title":"Liability-Driven Investment From Analogue to Digital, Pensions to Robo-Advice","description":"\u003ch3\u003eWiley Finance\u003c\/h3\u003e\u003ch1\u003eLiability-Driven Investment\u003c\/h1\u003e\u003ch2\u003eFrom Analogue to Digital, Pensions to Robo-Advice\u003c\/h2\u003e\u003ch3\u003eDan Tammas-Hastings\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cb\u003eUnderstand the investment template that dominates the pension industry\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eLiability-Driven Investment\u003c\/i\u003e is the practitioner’s guide to this increasingly popular investment template. Already the dominant framework for pension schemes in Europe and the UK, the LDI market is expected to grow significantly with the shift from Defined Benefit to Defined Contribution, and then into Digital Asset Management — or Robo-Advice. With an aging population and significant under-saving globally, more and more finance professionals will need to know how to work within and around the LDI framework; this book provides clear explanations for the framework's usefulness and growing popularity to help practitioners find their bearings in and around the LDI space.\u003c\/p\u003e \u003cp\u003eThe ultimate goal of LDI is to move beyond simple asset value maximisation and ensure that investors have sufficient funds to pay liabilities. This informative guide digs into that basic premise to show the various mechanisms, guidelines and practices that make up the framework's \"working parts.\"\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDiscover the optimal investment strategies in multiple assets classes\u003c\/li\u003e \u003cli\u003eUnderstand the key characteristics of the instruments used, including bonds, interest rate derivatives, and inflation linked products\u003c\/li\u003e \u003cli\u003eLearn why pension companies and individual investors are moving toward LDI\u003c\/li\u003e \u003cli\u003eExplore the ways in which the explosive growth of Robo-Advice will change retail investment\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFinance professionals have long been accustomed to shifting landscapes — it is taken as a given that prevailing thought and attendant practices will change over time — but the rapid expansion of LDI has taken many by surprise. Having already been established as the dominant framework for pensions, it is clear that the emphasis on LDI will only continue to grow. \u003ci\u003eLiability-Driven Investment\u003c\/i\u003e tells you what you need to know in order to work effectively with LDI.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e \u003cp\u003e\u003cb\u003eDAN TAMMAS-HASTINGS\u003c\/b\u003e has over 20 years experience in the financial markets. He is the CEO and founder at the Asset Management and Digital Advice firm RiskSave. He founded the company in 2015, in response to inadequate risk measures and a lack of transparency dominating the financial services industry. After a successful career as a fixed income trader specialising in GBP derivatives at Merrill Lynch and as a hedge fund manager, managing multi-billion-pound portfolios across credit and rates, he now writes on various issues within investment and risk management and is in charge of strategy and investment at RiskSave as well as advising other investment and technology firms. Dan has been awarded both the CFA and FRM charters, and is a graduate of the London School of Economics and the University of Cambridge.\u003c\/p\u003e \u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e08 June 2021\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781119441953\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e176\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e16.8\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44310920855692,"sku":"9781119441953","price":36.9,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781119441953.jpg?v=1780205423","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781119441953","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}