IIC launches iBoxx US pension liability indexes
Frankfurt-based International Index Company (IIC) has launched a suite of iBoxx US pension liability indexes, a three-index set of benchmarks designed to mimic pension liability performance.
The indexes are designed to help pension sponsors, consultants and investment managers manage long-duration portfolios and construct liability-based investment strategies. UBS Global Asset Management, which created the methodology for the indexes, is using them to develop liability-driven products and has
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