Il ne faut pas mettre tous les œufs dans le même panier.
After the presentation of the regulatory constraints and of the risk free strategy, it is time to present the optimal return strategy.
A/L managers were not kind about using models and economic value indicators in company management. Their point of view mixes different approaches:
Associated with the fear of economic value, there are numerous fears about the fair value accounting concepts:
Indeed, if the company income is measured at fair value, this income is computed as a difference of fair values: the income then depends directly on the evolution of the stock of operations, on the margin level of the new contracts and on financial market levels.
Consequently, according to ...