Russell Investments: DB funds must focus on short term to improve funding levels
Defined benefit (DB) schemes cannot "survive bouts of market volatility" through liability hedging and a long-term investment horizon alone says Russell Investments.
Speaking to PP, head of liability driven investment solutions EMEA David Rae (pictured above) said volatility in risk assets was the biggest driver of funding level volatility for most schemes from the...
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DB funding - November 2020: FTSE 350 schemes 'hold up' against volatile environment
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2020 estimates on the various measures…
