LDI

Institutional investors are continuing to flounder after the FTSE 100 opened the week down 8.72%, crashing into technical bear market territory.

The Pensions Regulator (TPR) and Pension Protection Fund (PPF) will deliver keynote addresses at Professional Pensions’ Risk and Scheme Funding Forum next week.

Levels of inflation hedging remain strong despite there being no clarity on the outcomes of potential retail price index (RPI) reform, BMO Global Asset Management says.

The Schroders Retirement Benefits Scheme (SRBS) is allocating £800m of its defined benefit (DB) assets to its in-house cashflow driven investing (CDI) building blocks.

Over half of all UK defined benefit (DB) schemes have reduced their investment in equities over the last two years while diversifying into alternative growth assets, according to Aon.

A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.

Mitigating the impact of central clearing

After several years of trying to close its deficit the National Express Group Staff Pensions Plan decided to take a new approach. Helen Morrissey finds out more.

Investing

A new paper by Con Keating, head of research at Brighton Rock Group, called into question the validity of liability driven investing. But industry experts believe LDI, while not perfect, is one of the best solutions pension funds have. Iain Morse reports...