UK - As asset managers launch a stream of new liability driven investment solutions marketed as an answer to pension funds' asset liability mismatch, Mercer Investment Consulting has warned the benefit of such solutions must be weighed against the cost of implementation.
Mercer says many of the new investment strategy approaches, including LDI, incur higher governance and transaction costs. The pay-back, the consultant says, must be large enough to justify these co...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
