Asset swap activity pushes liability hedging to record levels

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A 90% surge in interest rate hedging and a 14% increase in inflation hedging drove the value of scheme liabilities hedged in the third quarter of the year above £22bn, research shows.

The latest F&C Liability Driven Investment Survey - published today - revealed the value of interest rate liabilities hedged rose from £6.85bn in Q3 last year to £13.05bn in the last quarter, while...

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