Robyn2024-01-26 17:20:19
Liability-base mandates are investments that take an investor’ future obligations into consideration. Liability-based mandates are manage to match expected liability payments with future projected cash inflows. These types of mandates are structured in a way to ensure that a liability or a stream of liabilities can be covered and that any risk of shortfalls or deficient cash inflows for a company is minimized.基于负债的授权设法使预期负债支付与未来预计现金流入相匹配。 这些类型的授权旨在确保可以涵盖一项负债或一系列负债,并将公司的任何短缺或现金流入不足的风险降至最低。Liability-base mandates是啥东东,不理解。与之相对的还有其他mandates吗?用于什么情况?
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Simon2024-01-27 13:05:27
同学,上午好。主要有三种:
负债驱动的投资 (LDI: liability-driven investing),例如:insurance company;
资产驱动的投资 (ADL: asset-driven liability),例如:Leasing company
sset-liability management (ALM):考虑资产和负债,目标是cover liability;以liability作为benchmark
ALM、LDI、ADL的区别:ALM既管理资产也管理负债;LDI是负债已知,只管理资产;ADL是资产已知,只管理负债
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