Regulation
British Regulators Issue LDI Guidance So ‘Necessary Lessons Are Learned’
The Pensions Regulator and the Financial Conduct Authority aim to prepare LDI investors for future volatility.
Tag: Gilts
Asset Allocation
BlackRock’s Suggested 2023 Buys: Investment Grade Corporates and Just 2 Other Bond Types
Still-high inflation and an expected recession call for slighting stocks and most other categories, the asset kingpin advises.
Asset Allocation
U.K. Pensions Doom Loop May Not Be Over
Rebalancing pension portfolios in the wake of the LDI crisis may prove difficult.
Market Moves
Fright Among British Pension Funds as Bonds Buying Ends
Bank of England says it is ceasing support for gilts on Friday, as plans face punishing margin calls amid tanking fixed-income values.
Risk
British Pound Falls to All-Time Low Against the Dollar Amidst Political Turmoil
The Bank of England announces emergency measures as U.K. pensions get squeezed in Gilt rout.
Sohn Speaker Serra Sees UK Gilts as a Short Play
Davide Serra sees the United Kingdom as the “divided kingdom,” one with a broken growth model, and says shorting the country’s government debt, or gilts, is a good bet....