Tag Archives: VAR

End of the road for LDI?

Posted on January 10, 2017 by henry tapper

Thanks to those brave souls who braved “Southern”, the tube strike and filthy weather to attend yesterday’s lunch which asked “has LDI had its day?”. One answer to that question was clear, I learnt that the top performing asset class … Continue reading →

Posted in pensions | Tagged , , , , , , , , , , , | 1 Comment

Happy Christmas – VAR is over.

Posted on December 25, 2016 by henry tapper

The conventional approach to pension scheme asset management has been a powerful instrument of mis–education. Consultants and trustees are taught about matching assets to liabilities, the use of standard deviation and the Brinson axiom. They may be told something about … Continue reading →

Posted in advice gap, pensions | Tagged , , , , | 3 Comments