PBGC abandons liability-driven investment

The US Pension Benefit Guaranty Corporation (PBGC) has called time on its commitment to liability-driven investment (LDI) after admitting its current strategy has a less than one-in-five chance of meeting future funding needs.

The fund, responsible for the pensions of 1.3 million US workers and retirees, currently holds $55 billion in assets and plans to allocate 45% into fixed income, a further 45% in equities and 10% in alternative investments in the hope of better performance and lower risk.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: