Romaniuk, Katarzyna; El Mekkaoui de Freitas, Najat - Université Paris-Dauphine (Paris IX) - 2008
bond proportion appears as relatively stable in recent years, so that the recent focus on asset-liability management … notes that the home-country bias is today relatively weak in the equity investment, yet very pronounced in the bond … investment, so that the consequences of the elimination of the foreign-property rule should be recorded mainly in the bond …