Barclays Capital has launched indexes of nominal and inflation swaps, aimed at pension managers following liability-driven investment (LDI) strategies.The nominal indexes include coupon-paying and zero-coupon swaps, and the inflation indexes include zero-coupon and real rate swaps. BarCap's head of pension solutions, Serkan Bektas, said the indexes would allow funds to construct benchmarks that would match their sensitivity to nominal and real rates. The indexes are available in sterling, US dollar and euro formats, and also come in funded versions, which include a cash component.
More on Structured Products
Hedges required to lock in performance on constant currency terms impact product pricing
Product born in 1990s Japan's low yield environment set for global stage
Strict classification of structured products into 'complex' and 'non-complex' criticised
HNWs got burnt in the Lehman crisis and are still cautious over exposures
Sign up for Risk.net email alerts
Sponsored video: MarketAxess
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.