Abstract:The study provides an overview of the evolution of ALM from the idea of asset-liability matching to sophisticated techniques like stochastic programming. This can help ALM practitioners in banks and other entities to choose a suitable ALM strategy for managing their portfolios efficiently.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.