2006 | OriginalPaper | Chapter
Asset Management Firms
Authors : Bruce T. Porteous, Pradip Tapadar
Published in: Economic Capital and Financial Risk Management for Financial Services Firms and Conglomerates
Publisher: Palgrave Macmillan UK
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In this chapter we give a short discussion of economic capital for asset management firms. This discussion is brief because, as we describe below, the treatment of economic capital for asset management firms is very similar to that for unit linked life insurance firms, as described previously in Section 9.3.