000			01668nam a22002537a 4500
003			ZW-GwMSU
005			20240430133849.0
008			240430b |||||||| |||| 00| 0 eng d
022			_a13504851
040			_aMSU _bEnglish _cMSU _erda
050			_aHB1.A666 APP
100	1		_aSimonian, Joseph _eauthor
245	1	0	_aLiabilities: _ba multi-objective approach/ _ccreated by Joseph Simonian and Gabriella Barschdorff
264	1		_aNew York: _bFrancis and Taylor, _c2013.
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aApplied economics letters _vVolume 20, number 8
520	3		_aThe majority of pension plans today are underfunded, uncertain about the market, the economic and regulatory environment and searching for a more stable approach to meeting their pension benefit obligations. For plan sponsors who want to adopt a more structured approach to asset–liability management, adopting a glide path framework that gradually de-risks their investment portfolio as funded status improves has become an attractive way to move towards their funding goal. To that end, this article describes a multi-objective optimization methodology known as the goal attainment method, an approach which can accommodate the simultaneous optimization of distinct objective functions, and shows how it can be used to construct glide path strategies for asset–liability applications.
650			_aAsset–liability investing _vMulti-objective optimization _xGlide path
700	1		_aBarschdorff, Gabriella _eco author
856			_uhttps://doi.org/10.1080/13504851.2012.741675
942			_2lcc _cJA
999			_c165251 _d165251