Heavily Marketed LDI Funds Getting Scrutiny and What is Liability-Driven Investing?
Posted on 10/27/2022
The name sounds very smart – liability-driven investing (LDI). In the world of money management, concepts and strategies sound great when pitched until they break or find their fat risk tail. LDI strategies were at risk when the Bank of England had to intervene multiple times in the U.K. government bond market to rein in…