UK - The £240bn ($390bn) liability-driven investment market is developing into an "oligopoly" with just three providers managing more than 80% of assets, research finds.
The 2011 KPMG LDI Survey, published today, revealed the number of providers dropped from 23 in 2007 to 15 in 2010, despite increasing demand from pension funds. The number offering pooled LDI solut...
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