Students will learn about managing the balance sheet of institutional investors in general and pension funds in particular. Both the asset and the liability side will be considered.

The primary objective of this course is to get insight in asset liability management (ALM) and strategic asset allocation of institutional investors in a practical context. There will be a focus on pension funds in the first part of the block. In the second part we will concentrate on themes as pension fund regulation, corporate governance and socially responsible investments.

Articles and book chapters (can be downloaded on ELEUM or in the library). No text book.

Courses and workload are very demanding for all IB Master courses. Exchange students need to have obtained a Bachelor degree in business.
Exchange students need to major in finance in their master.
an advanced level of English