How did your LDI mandate perform during the gilt yield crisis?
Recent turmoil in the UK gilt market has put pension scheme LDI mandates in the spotlight, highlighting a spectrum of outcomes.
Collateral calls pushed liquidity to its limit for many schemes while others were forced to reduce hedges to weather the storm. Ultimately, this left some schemes exposed to interest rate or inflation moves, with imbalanced asset allocations.
Now more than ever, trustees and corporate sponsors need reassurance that their mandates are fit for purpose, particularly from operational resilience and governance perspectives.
Sinead Leahy.
Did your scheme experience any of the following issues?
How Cardano can help
We offer an independent, objective review of your LDI mandate – the Cardano LDI Healthcheck – leveraging our unique expertise as an experienced LDI practitioner and a pensions advisory specialist.
We work collaboratively with trustees, investment consultants and LDI managers to focus on the points of strength and potential improvements to your approach, improving the resilience of your mandate going forward.
We can provide reassurance your LDI mandate is fit for purpose
Why Cardano?
- Experienced LDI practitioner, managing segregated portfolios with an in-house team, giving us unique expertise in LDI strategies
- Managed clients through the LDI crisis and have intimate understanding of the challenges faced and steps taken
- Large advisory team able to review LDI strategies in the context of a wider investment strategy, rather than taking a narrow view on an LDI mandate
