Baseline for bank is low, foundation/endowment high, db pension dependent on risk factors. Any help please…
my understanding: life insurance low for the portfolio funding the liabilities, high for the surplus non-life insurance should be low because amount and timing of liabilities is unknown
Whoops, forgot about that. Thanks.
i also wouldn’t always assume foundation/endowment has a high risk tolerance. if the facts presented show that the endowment contributes a major portion of the school’s operating budget, i would think that would supersede the increased ability to take risk with a long time horizon.