Edmund Truell: ditch gilts and embrace illiquids to plug DB hole

Stephanie Baxter
clock • 3 min read

The former London Pension Fund Authority (LPFA) chairman has warned holding onto gilts will safely guarantee the bankruptcy of defined benefit (DB) schemes.

Speaking at Pensions and Benefits UK last week, Edmund Truell (pictured) questioned why the industry craves liquidity and said schemes should invest in more illiquid assets such as infrastructure. ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

LPPI launches climate solutions-focussed fund

LPPI launches climate solutions-focussed fund

Environmental Opportunities Fund has initial £500m target commitment

Jasmine Urquhart
clock 01 April 2025 • 1 min read
LGPS and MP pension scheme back social infrastructure fund

LGPS and MP pension scheme back social infrastructure fund

First close of the NSIIF to provide £100m investment to be deployed into real estate

Martin Richmond
clock 31 March 2025 • 2 min read
Partner Insight: Robeco Active Quant - It's all about predictable results

Partner Insight: Robeco Active Quant - It's all about predictable results

Robeco
clock 31 March 2025 • 5 min read
Trustpilot