Paul Kessell
- Features
Taking the LDI medicine
When the LPFA went in to deficit, it decided LDI was the route to go. Paul Kessell explains how the fund went about this major change
- Features
Time to take back control
The UK local authority pension fund sector1 has changed enormously over the years and today is characterised by increasing oversight, market complexity and externally managed investment strategies. Once renowned for its in-house approach to investing, the sector has long since delegated active control over the investment process to consulting firms, ...