Image:
What schemes do next will depend on the impact of interest rate movements and hedging on their funding status and asset allocation
Gilt markets have calmed now Rishi Sunak has become prime minister and Liz Truss’ economic policies have been reversed. This allows scheme trustees, their advisors and liability-driven investment (LDI) managers to take stock. As the dust settles, it’s possible to discern what schemes will do next.
XPS Pensions Group investment partner Adam Gillespie says: "Most schemes have done everything they can to pay the collateral calls and keep their hedging in place." Not every scheme will, however, ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
