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Are LDI models less perfect than they seem?
Roundtable: Using models can make liability-driven investment seem like a clear-cut decision, but should trustees be more willing to question these models? In the final part of this roundtable series, Bestrustees’ Huw Evans, HR Trustees’ Giles Payne, Aviva Investors’ Rakesh Girdharlal, KPMG’s Simeon Willis, Cambridge Associates’ Benoît Jacquemont and P-Solve Asset Solutions’ Barbara Saunders discuss the pros and cons of LDI models.
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