Liability Driven Investment

Giovanni Legorano speaks to Robert Gardner, co-founder and co-chief executive at Redington. Gardner takes us through some of the issues and opportunities pension funds are dealing with in the current market environment: inflation, the evolution of liability...

UK/US - State Street Corp. has taken a minority stake in PensionsFirst Analytics, which offers a web tool that can provide actuarial valuations on a daily basis, and has plans to take the London-based firm global.

CANADA - The C$32.6bn (US$32.5bn) Healthcare of Ontario Pension Plan (HOOPP) posted a 15.2% profit for 2009 on the back of gains in North American equities, according to its 2009 annual report.

Pension schemes took a step back from inflation hedging measures in the last quarter of 2009, figures from the latest F&C Liability Driven Investments survey show.

In recent times structured products have increasingly grown more attractive to Australian superannuation funds - a trend that is set to contune, as Rachel Alembakis reports

US - The funding status of US corporate pension plans rose to a six-month high in November, according to BNY Mellon Asset Management Statistics.

US - Institutional investors in the US could move some US$300bn to $500bn from US large-cap strategies in the next three to five years, a survey by Bank of America Merrill Lynch showed.

UK - Schemes hedged liabilities of more than £11.4bn (US$18.6bn) during the third quarter of the year, analysis from F&C revealed.

Schemes hedged liabilities of more than £11.4bn during the third quarter of the year, analysis from F&C reveals.

Fixed income covers an umbrella of investments and funds have been increasing their weighting towards it, as Sebastian Cheek reports