LDI

Correspondence comes as part of WPC’s inquiry into liability-driven investment

PP survey finds half of the industry still views ESG as a top priority despite LDI crisis

Regulators publish LDI guidance, and TPR urges trustees to review funding targets

Guidance covers investment, buffers, resilience testing, governance and LDI monitoring

Bloomberg says some pension managers expect to steadily abandon LDI approaches

Hans Stoter says LDI ‘land grab’ could push schemes out of the frying pan and into the fire

The BoE adviser says deteriorating derivative and repo positions led to evaporating liquidity

Natalie Winterfrost says there could be issues should schemes start selling index-linked gilts

BofE buffer recommendations for LDI funds, and TPR launches guidance on EDI

Detailed TPR regulations and stress testing update will be needed