
LDI Push to Lower Stock Exposure Reaches Its Destination
The de-risking trend has seen equities cut in half since 2008, to around 30% of assets, and Milliman thinks that’s where it will stay.
The de-risking trend has seen equities cut in half since 2008, to around 30% of assets, and Milliman thinks that’s where it will stay.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Aggregate deficit of 100 largest defined benefit plans falls to lowest level since March.