Institutional investors

Positioning LDI portfolios in today's volatile market conditions September 2011 Martin Jaugietis, CFA Senior Consultant Bob Collie, FIA Chief Research Strategist This note addresses the outlook for LDI (liability-driven investments) portfolios as of the end of August 2011 and how they should be structured at this time. It's designed to address the following questions from investors: What is the best available hedge for my liabilities at the present time? What positions away from that best-hedged portfolio are appropriate and how big should those positions be? Download Research For more information about our research, please contact David or Gerry:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Date of first use: September 2011 USI-10744			Printer friendly version of this page