FROM BARBECUES TO BRAAIS: A GLOBAL PRACTITIONER’S PERSPECTIVE ON LIABILITY DRIVEN INVESTING

Shalin Bhagwan

Presentation

17 October 2017 | 13:15 – 14:15 | Committee 4

Relevant practice area(s):Investments

Suggested audience knowledge level: Intermediate

Abstract:

 

Liability Driven Investment strategies dominate the investment thinking of both pension funds and insurers. We take a global perspective and consider the evolution of these strategies by looking at implementation nuances in the UK, USA and South Africa. We focus on how the implementation of these strategies, in the UK and the USA, has changed over the last decade following the global financial crisis (GFC) and what impact this has had on pension funds following these strategies. We will also cover lessons learnt as a portfolio manager for the LDI strategies of some of the worlds largest pension funds through the default of Lehman. We use real world examples, based on the speakers own experience, to illustrate these key developments and their impact on pension funds and insurers.