Asset-liability management

From ACT Wiki
Revision as of 10:59, 29 July 2013 by imported>Doug Williamson (Spacing)
Jump to navigationJump to search

(ALM).

An approach to risk management which analyses an organisation's assets and liabilities as a combined portfolio.

Asset-liability management is particularly concerned with the management of interest rate risk, taking account of the expected impact of interest rate changes both on assets and on liabilities, and also taking account of the relationships between the expected impact on the assets and the expected impact on the liabilities.

See also