22 Nov 2016 Fixed income and cashflow
As many of you know, the investment team have been giving some thought to the conundrum of the search for income in a low interest rate environment. To that end we have held a number of meetings over the last few months encouraging investment managers to take a more holistic approach to income generation as funds become increasingly more mature and pension fund cashflows turn negative. This has resulted in a number of investment managers providing bespoke research for London CIV.
As funds approach the results of their triennial actuarial valuation and start to consider asset allocation and investment strategy flowing out of the valuation, the London CIV is working hard with the Investment Advisory Committee to consider a range of fixed income and cashflow products that funds might want to access later next year.