Lower gilt yields to blame
Predictions that LDI flows could peak as soon as 2021 have led to hopes of higher gilt yields. However, Stephanie Baxter finds there are many variables at play.
Local government funds are buying bespoke strategies to shield improved funding levels from potential market falls ahead of their 2019 triennial valuations. Stephanie Baxter reports
Worcestershire County Council Pension Fund has implemented a solution to bank some of the recent upside in the equity markets and protect these gains through to its 2019 triennial valuation, PP has learned.