Credit Markets in Transition: Liability-Driven Investing, A Multi-Sector Approach

About this episode

This episode discusses the impact of interest rate shifts on Liability-Driven Investing and its implications for pension plans.

Shifts in interest rates have thrust Liability-Driven Investing (LDI) into the spotlight, reshaping pension plan liabilities and presenting new de-risking opportunities. This episode of the All the Credit® Credit Markets in Transition sub-series examines impacts on funded status, plan sponsor adaptations, and the interplay of structured products and derivatives in portfolio construction. PGIM Fixed Income's Brian Barnhurst, CFA , Head of Global Credit Research, hosts T om McCartan, FIA, CFA , Multi-Sector Portfolio Manager. Recorded on March 27, 2025.

People in this episode

Host: Brian Barnhurst

Guest: Tom McCartan

Topics covered

• Liability-Driven Investing
• pension plan liabilities
• de-risking opportunities
• funded status
• structured products
• derivatives
• portfolio construction

Keywords

• Liability-Driven Investing
• pension plans
• interest rates
• de-risking
• structured products
• derivatives
• portfolio management

Mentioned in this episode

Organizations: PGIM

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