Reading Time: < 1 minute We’ve experienced a rollercoaster ride so far this year when it comes to government bond yields. For pension funds that haven’t hedged this risk, this has meant a lot of volatility in their position coming from the liability side of their balance sheet from one month to the next. It’s amazing really that in the 8 … More Snakes, Ladders & Pension Deficits
Reading Time: 6 minutes I recently had the pleasure of attending a roundtable discussion on Liability Driven Investing, hosted by Pensions Expert. the group covered the following four questions : How do you approach LDI with schemes that do not already have it in place? Once an LDI programme is in place, does it get more sophisticated as it … More Liability Driven Investment: assets, strategies & innovation, a roundtable discussion
Reading Time: 3 minutes This was written as a response to this post on mallowstreet.com, which itself was a summary of a presentation given at the annual TUC pensions conference which made several points including advocating pension schemes reject Liability Drive Investing as a “distraction”, and focus instead on future income streams. The blog also questioned the relevance of … More What is the purpose of a pension scheme?
Reading Time: 2 minutes Last year I made a resolution to start a blog on things that interested me, now that blog is nearly a year old, I’m really happy (and amazed) to report the stats from the last 12 months – over 4,000 unique page views from 30 separate entries, with 8 entries receiving over 100 views. The blog … More Most Read in 2013