Return to maturity expectations (finance) and Maekawa Kunio (sh)

Return to maturity expectations (finance)

A variant of pure expectations theory that suggests that the return an investor will realize by rolling over short-term bonds to some investment horizon will be the same as holding a zero-coupon bond with a maturity that is the same as that investment horizon.

Maekawa Kunio (sh)

born May 14, 1905, Niigata-shi, Japan
died June 27, 1986, Tokyo

Japanese architect.

Maekawa worked as a drafter for Le Corbusier in Paris and for Antonin Raymond in Tokyo. In early works, such as Hinamoto Hall (1936) and the Dairen Town Hall (1938), he tried to counteract the pompous style of the Japanese imperialist regime. In the 1950s he continued to work primarily in the Brutalist style of Le Corbusier (see Brutalism). Buildings such as the Educational Centre in Fukushima (1955) and the Harumi flats and the Setagaya Community Centre, both in Tokyo (1959), reflect his efforts to use concrete in a manner appropriate to the material. His community centres influenced Tange Kenzo, who started out in Maekawa's office.

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