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While hedging activity may plateau, many schemes are still looking to take risk off the table
After a decade of de-risking, there is still more to do, particularly for those schemes late to the hedging party, writes James Phillips.
The values and role of liability-driven investment (LDI) have clearly been embraced by defined benefit (DB) pension schemes over the past two decades. It is now almost a staple of investment portfolios...
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