RT Journal Article
SR Electronic
T1 Beliefs, Behavior, Strategy, and Tactics for<br/> Transitioning into a Liability-Driven<br/> Portfolio
JF The Journal of Investing
FD Institutional Investor Journals
SP 155
OP 159
DO 10.3905/joi.2011.20.2.155
VO 20
IS 2
A1 Travis Bagley
A1 Aran Murphy
YR 2011
UL https://pm-research.com/content/20/2/155.abstract
AB 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