Legal
LDI crisis ‘not a moral hazard issue’, says Schroders group CIO
Despite the Bank of England’s intervention into the UK’s liability-driven investment (LDI) crisis, the situation does not present ‘a moral hazard issue’ for such products. That is the view of Johanna Kyrklund, chief investment officer at Schroders. This comes as the BoE announced that it would collaborate with the Financial…
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