Over past 2 decades, pension funds have been encouraged by the regulator to adopt so-called liability-driven investment (LDI) strategies. Did regulators/BofE work through systemic implications?
ft.com/content/cf9ef1…
Pairs with Chartbook Newsletter #157
adamtooze.substack.com/p/chartbook-15…
Chartbook: Mortgage pressure, the domestication of the American garage, the global cereal market & Siberian power adamtooze.substack.com/p/mortgage-pre…
March 22, 2023
Chartbook: Mortgage pressure, the domestication of the American garage, the global cereal market & Siberian power adamtooze.substack.com/p/mortgage-pre…