What implications does record net gilt supply have for LDI portfolios?
Following the budget last Thursday 7 March, we review the reaction from the Gilt Market and highlight what this means for pension schemes' LDI portfolios.
In the quarterly Columbia Threadneedle Investments LDI Survey we poll investment bank trading desks on various topical questions around monetary policy and longer-term rate expectations.
UK Base Rate Expectations – what does this mean for LDI?
As we approach the peak of the UK base rate in this current cycle, uncertainty mounts as to the next phase and the impact it could have on longer dated yields. To that end, we asked our bank counterparties for their view of where the base rate could be.
We poll investment bank trading desks on the volumes of quarterly hedging transactions. Investors digested the previous quarter’s banking crisis and the impact of monetary policy on growth prospects, resulting in a retrenchment in interest rate hedging activity.
What implications does record net gilt supply have for LDI portfolios?
Following the budget last Thursday 7 March, we review the reaction from the Gilt Market and highlight what this means for pension schemes' LDI portfolios.
In the quarterly Columbia Threadneedle Investments LDI Survey we poll investment bank trading desks on various topical questions around monetary policy and longer-term rate expectations.
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