[原创]Liability mimicking liability, expected, capital, provide, return

ramzes

請問 liability-mimicking,low-risk portfolio is costly and does not provide a return in excess of the liabilities

意思是回報不會高於負債那個組合

但佢又話 liability -mimicking 用 derivatives 可以 free up capital for use in a higher expected return portfolio component.

問題是透過liability mimicking 可否除了跟足負債的表現外,可否追求較高回報?