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LDI Misapplied: Income Portfolios and Liability-Driven Investing

Building efficient retirement income portfolios is complex. This paper explores the unique aspects of properly applying liability-driven investing to the creation of an asset allocation for an individual investor.

In this paper, you will learn:
  • Common liability-driven investing approaches
  • Our analysis of differences in efficient portfolios
  • The complexities of building efficient retirement income portfolios