School of Economics, Business Administration and Legal Studies, MSc in Banking and Finance
This dissertation attends to provide useful tools for Asset Management. Therefore, it is highlighted the usefulness of asset Liability Management. To reach this goal we implement Asset Liability management methods in some portfolios, compared to mean - variance approach. There is ample evidence from many practitioners who strongly support the importance of the aforementioned technique.Our findings reveal the Asset Liability Management as the most proper and effective strategy for the construction of portfolios in which the risks are eliminated.