LONDON (Reuters) - Some British pension funds are being told by asset managers to come up with more cash to support their hedging positions after a recent jump in borrowing costs, but pensions ...
XPS and Gallagher said some funds had been instructed to post more cash to maintain derivatives positions they hold through so-called Liability Driven Investment (LDI) strategies. BlackRock, a major ...
with liability driven investment strategies to minimize risks. If so, plan sponsors may still want to consider tweaking their LDI strategies to reflect the very tight spreads now for the corporate ...