The task of managing the funds of a financial institution to accomplish two goals: (1) to earn an adequate return on funds invested and (2) to maintain a comfortable surplus of assets beyond liabilities. Also called surplus management.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Any active management strategy that involves coordinating a company's or fund's assets and liabilities such that the two together form an adequate return. Generally speaking, one aims to invest such that assets exceed liabilities as much as possible.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved