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Dan Tammas-Hastings

Liability-Driven Investment: From Analogue to Digital, Pensions to Robo-Advice

Liability-Driven Investment: From Analogue to Digital, Pensions to Robo-Advice

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  • More about Liability-Driven Investment: From Analogue to Digital, Pensions to Robo-Advice

Format: Hardback
Length: 176 pages
Publication date: 25 March 2021
Publisher: John Wiley & Sons Inc

Understand the investment template that dominates the pension industry

Liability-Driven Investment is the practitioner’s guide to this increasingly popular investment template. Already the dominant framework for pension schemes in Europe and the UK, the LDI market is expected to grow significantly with the shift from Defined Benefit to Defined Contribution, and then into Digital Asset Management — or Robo-Advice. With an aging population and significant under-saving globally, more and more finance professionals will need to know how to work within and around the LDI framework; this book provides clear explanations for the framework's usefulness and growing popularity to help practitioners find their bearings in and around the LDI space.

The ultimate goal of LDI is to move beyond simple asset value maximisation and ensure that investors have sufficient funds to pay liabilities. This informative guide digs into that basic premise to show the various mechanisms, guidelines and practices that make up the framework's "working parts."

  • Discover the optimal investment strategies in multiple assets classes
  • Understand the key characteristics of the instruments used, including bonds, interest rate derivatives, and inflation linked products
  • Learn why pension companies and individual investors are moving toward LDI
  • Explore the ways in which the explosive growth of Robo-Advice will change retail investment

Finance professionals have long been accustomed to shifting landscapes — it is taken as a given that prevailing thought and attendant practices will change over time — but the rapid expansion of LDI has taken many by surprise. Having already been established as the dominant framework for pensions, it is clear that the emphasis on LDI will only continue to grow. Liability-Driven Investment tells you what you need to know in order to work effectively with LDI.

Weight: 486g
Dimension: 179 x 250 x 20 (mm)
ISBN-13: 9781119441953

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