Dynamic asset allocation
Date: June, 2007
Authors: Michael Preisel (ATP), Søren Fiig Jarner (ATP) & Rune Eliasen (ATP)
Published in: Life & Pensions (2007)
Abstract:
Guaranteed defined contribution pension schemes are faced with the tough challenge of maximising pensions while remaining solvent at all times. Aggressive investment strategies can be counterproductive and destabilise fund operation, so a balance must be struck between operational stability and investment return.