UK pension schemes should look outside the domestic inflation-linked gilt markets to the global bond markets to hedge risks and obtain higher yields, according to PIMCO.
Product manager Berdibek Ahmedov said the the UK index-linked gilt market is too expensive because of the demand from pension funds and limited supply. "You have around £1.1trn of liabilities li...
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