The 'duration gap' is defined as the duration of the assets in a portfolio minus the duration of the liabilities in a portfolio.
Correct Answer:
Verified
Q59: The performance of fund managers is often
Q60: The error in the approximation increases as
Q61: Minimising the average cost of funding is
Q62: Marked- to- market implies that assets and
Q63: Can derivatives be used to enhance hedging?
Q65: A highly leveraged operation will easily meet
Q66: An active portfolio manager always immunises his
Q67: If your primary task is to manage
Q68: For fixed- interest funds, that benchmark portfolio
Q69: An active manager will actually attempt to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents