RISK MANAGEMENT

What Brexit Means for LDI

The UK’s currency and sovereign debt reacted strongly to last week’s shock result, making liability matching all the more difficult.

LDI’s De-Risking Dominance

Most North American plan sponsors have already adopted liability-driven investing—but some are beginning to consider pension-risk transfers.

Climate Change’s Systemic Risks

Addressing the uncertain and unpredictable effects of climate change is “the essence of risk management,” Wilshire Associates argues.