A question of timing

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Achieving a realistic price for illiquid assets in a falling market is a conundrum for financial institutions and one that has recently proved especially problematic for entities that depend on short-term funding for their survival. It also has important ramifications for pension funds in the Netherlands and insurers in Denmark, Sweden and the UK today - and across the whole of the EU insurance industry in 2012 when Solvency II is slated to come into effect.But a common thread among the Dutc