Retirement Plan Perspectives: The Mechanics of Hedging Long Duration Liabilities

March 14, 2017 — The primary goal of liability-driven investing (LDI) is to hedge liability cash flows. On the surface, achieving that goal is relatively simple: analyze the projected cash flows and build a portfolio of bonds to provide the funds needed at the time they are needed.

  • DATE: March 14, 2017
  • TYPE: PDF

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