March 2019
Beginner
720 pages
24h 22m
English
MSSI Corporation offers a defined benefit plan for its employees. You are invited to design and present an investment structure for the pension plan, including an asset-liability study and an asset allocation and funding proposal, with the anticipation of assuming full investment management responsibility for the plan. To facilitate your work, the pension committee has kindly sent you a copy of its latest actuarial valuation reports as factual bases for your work.
A rule of thumb in the pension investment world is the “60/40 rule”—that is, 60 percent equity and 40 percent bonds.
You are an associate portfolio manager at DBSol reporting to Jay. He has asked you to design a program for the pension plan. The program must include the following: