FundFire article "Tax Bill, Markets to Drive LDI Opportunities" includes comments from NEPC's Mike Valchine, CAIA, CIPM, Senior Consultant and Principal.
Market conditions continue to favor shoring up corporate defined benefit plans, and plan sponsors are likely to take advantage of their increased funding status to further reduce risk and make more contributions in 2018. That should translate to inflows to liability-driven investing (LDI), one manager says. Additionally, NEPC sees an opportunity for managers that run "defensive" equity strategies to prosper.
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