UK - State Street Global Advisors (SSgA) has brought to market its Pooled Asset Liability Matching Solution (PALMs) - a series of pooled vehicles which allow UK pension funds to match future liabilities in different inflation environments.
The new product provides access to nine pooled funds holding Limited Price Inflation swaps (LPI, or inflation-linked securities) of different maturity, to protect assets and preserve pensioners’ pu...
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