It All Started Out As an academic research project. In 1997 Asset Dedication founding partner Stephen Huxley, then a professor at the University of San Francisco School of Business, began working with the firm's eventual co-founder, Brent Burns, to engineer retirement income portfolios for individuals using liability-driven investing. The concept was straightforward enough: Borrow a method common in the institutional world and tailor it to suit the needs of individual investors.
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