Pensions
More Than Litigation Could Curtail Future PRT Transaction Volume
Underlying drivers of demand for pension risk transfers appear to be deteriorating, according to Capital Group’s Colyar Pridgen.
LDI strategies allow for passive equity to be replaced by holding ‘cash’ and synthetic equity instruments. But with better funding statuses, are pensions’ derivative positions less necessary?
Capital Group economist Franz, harking back to 2015-16's mini-recession, says industrials won’t bring down the rest of the economy.