Lessons learned from LDI one year on
Lessons learned from LDI one year on
25 Sep 2023
It’s a year since the turmoil following the 2022 ‘mini-budget’. In absence of wider market data at this point, XPS Investment has collated its own clients’ experiences and has reviewed how the LDI market has overcome the challenges that led some, at the time, to question LDI’s very purpose.
We review how the market has evolved, and how pension schemes’ strategies and approaches to hedging have changed.