Tuesday 22 May 2012

Poll

Should the government commit to a ten year moratorium on key pension rule changes?:

Hedge funds

SPOTLIGHT ON LDI Hedge puzzle

To hedge or not to hedge? – that is the question for many trustees at the moment explains Simeon Willis, KPMG Investment Advisory

Liability driven investment (LDI), the investment approach focused on managing interest rate and inflation risk, has attracted considerable inflows in recent years. As highlighted by the 2011 KPMG LDI survey, since 2008 the quantity of hedging through specialised LDI arrangements has increased by...
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SPOTLIGHT ON LDI Equipped for success

Steven Catchpole, Cardano, on how new tools can be used to improve your liability hedging strategy

Would Novak Djokovic have won Wimbledon with a wooden racket? Would Rory McIlory have won the US Open using only a nine iron? Could Jenson Button win a Grand Prix in a Citroen 2CV? Clearly the answer to all of these questions is “no”. Success, whatever the endeavour, is made much...
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Demystifying hedge funds

The Economist Guide to Hedge Funds 2nd edition by Philip Coggan (152 pages), ISBN 978 1 84668 382 4, £16.99 from www.profilebooks.com

In 1990 hedge funds managed some $39bn of assets and were almost unknown. By 2008 that figure had grown to almost $2 trillion and hedge funds were being blamed by some for contributing to the credit crunch and demonised by others for their greed. Few people are clear about what exactly a hedge...
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Highly regarded guide

Guide to financial markets by Marc Levinson (250 pages), ISBN 978 184 668 173 8 £20 from www.profilebooks.com

The fifth edition of this highly regarded guide by Marc Levinson, a former finance editor of The Economist, brings the reader right up to speed with the latest developments in financial instruments and provides a clear and incisive guide to this complex world that even those who work in it often...
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