Rising Rates, Falling Banks and What it Means for Investors
Viewpoints
The past few months have been marked by persistent inflation, a recent banking crisis and reverberations of the Fed’s actions. Investors often find themselves swimming in a sea of competing data and information. Higher yields in fixed income make the asset class more attractive relative to recent history. At the same time, the very factors contributing to higher yields also give rise to an environment fraught with uncertainty. In our latest issue of Viewpoints, we talk with Anthony Woodside, CFA, FRM, Head of US Fixed Income Strategy at LGIM America, to gather some insights on the direction of the market and consider what strategies may be appropriate given this economic backdrop.
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Additional insights
Cash Balance Plans
Portfolio Solutions - LDI
Because cash balance plans with yield-based crediting rates operate differently than traditional plans, it is vitally important for investment strategy, contribution strategy and actuarial assumption setting to operate in a coordinated fashion to meet plan sponsor goals.
Rethinking Overlay Manager Diversification
Portfolio Solutions - LDI
At LGIM America, we believe overlay manager diversification is likely inefficient and creates uncompensated risks. Using multiple overlay managers can result in increased costs, collateral inefficiency and higher governance burdens.
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