Liability-driven investment (LDI)
Libor concerns prompt switch to Sonia swaps
Move by some UK LDI managers has steepened Sonia-Libor basis
Pensions shackle UK to RPI linkers, say traders
Carney’s call to end use of flawed inflation index faces obstacles
Inflation derivatives house of the year: HSBC
Risk Awards 2017: Clearing, CSAs, CLNs, novations – UK bank's inflation business gets lean
LDI funds cool on zero-coupon swaps as price jumps
Clients complain of six-fold hike after rates volatility hits dealers' par swap hedges
LDI managers spurn cleared inflation swaps
Shortage of liquid collateral seen as barrier to clearing inflation swaps
Goodbye Sonia flat: banks rethink swaps with bond collateral
Higher discount rate can cut payouts to in-the-money clients by millions
Get real: asset managers ditch swaps for loans
Margin liquidity risks behind demand for physical, long-dated assets
ATP ditching swaps for bricks-and-mortar hedges
Denmark’s biggest pension fund retreating from higher costs, lower liquidity
Integrating risk management with the investment process - a Munich Re case study
The perennial challenge for insurers and reinsurers is to make certain that the assets they hold will cover all their present and future liabilities. Traditionally, companies have sought to manage the risk of a shortfall through careful design and…
'Don't make us clear inflation swaps,' dealers plead
Market is too concentrated to cope with a default, participants warn
RBS too big in UK inflation swap market, says RBS market risk chief
Global head of market risk at RBS says he is "way outside" his risk appetite
Dealers call for ban on downgrade triggers
Banks struggling to price the risk that downgrade triggers may be exercised, leading to calls for regulators to prohibit their use in derivatives documentation
Insight Investment: The need for non-cash variation margin
Pension funds tend not to have a lot of cash lying around, making it difficult for them to meet clearing house margin calls. Specialist asset manager Insight Investment is pressing for a solution. By Tom Osborn
Public sector funds eye LDI techniques
For the public benefit
LGIMA adds Veerman as pensions specialist
LGIMA adds Veerman as pensions specialist
Dutch pension funds take lead in LDI implementation
Survey indicates Dutch pension funds have all opted for LDI
Germany - liability-driven investment goes mainstream
Time for change
A focus on LDI counterproductive for pension funds – M&G Investments
Returns as important as risk management, say M&G Investments