NO.PZ201812020100000401
问题如下：
The investment process followed by DFC’s previous fixed-income manager is best described as:
选项：
A.asset-driven liabilities.
B.liability-driven investing.
C.asset–liability management.
解释：
C is correct.
Asset–liability management strategies consider both assets and liabilities in the portfolio decision-making process. Mowery notes that DFC’s previous fixed-income manager attempted to control for interest rate risk by focusing on both the asset and the liability side of the company’s balance sheet. The previous manager thus followed an asset–liability management strategy.
B和C有什么区别？
