TY - JOUR T1 - Beliefs, Behavior, Strategy, and Tactics for<br/> Transitioning into a Liability-Driven<br/> Portfolio JF - The Journal of Investing SP - 155 LP - 159 DO - 10.3905/joi.2011.20.2.155 VL - 20 IS - 2 AU - Travis Bagley AU - Aran Murphy Y1 - 2011/05/31 UR - https://pm-research.com/content/20/2/155.abstract N2 - This article provides perspective on the transition management aspects of liability-driven investing (LDI). It discusses first the context and motives for moving into a liability matched investment portfolio, and then describes two of the potential strategies for portfolio transitioning. It concludes with the tactical considerations of the transition for a plan sponsor.TOPICS: Pension funds, style investing, fixed-income portfolio management ER -