LDIWatch: The crisis and the importance of choosing the right LDI manager
LDIWatch: The crisis and the importance of choosing the right LDI manager
07 Feb 2023
The gilts crisis in 2022 represented a huge test of the abilities and operations of the LDI managers. They differed in how they navigated the challenges thrown up during September and October, leading to markedly different outcomes for the pension schemes that use them.
We highlight what actions the managers took, and the consequential implications for pension schemes. It is clear that any previously held view that it made little difference which LDI manager a scheme picked has been quashed.
XPS has launched an LDI Oversight Service to help trustees review their LDI arrangements, catering for existing XPS clients or as a stand-alone service alongside advice from an incumbent investment consultant. To find out more email [email protected]
