In a Low Yield Environment, What's the Alternative to Traditional Fixed Income Assets?
I-VW-HSG Trendmonitor 3-2017
2 Pages Posted: 14 Sep 2017
Date Written: September 12, 2017
We describe alternatives to traditional fixed income assets for liability-driven investors such as insurance companies and pension funds by utilizing their comparative advantage in investing in less liquid assets.
Keywords: asset allocation, private debt, real estate, liquidity premium, low yield environment
JEL Classification: C38, G11, G23
Suggested Citation: Suggested Citation