No need to ban LDI funds, says Bank of England

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 1 (Reuters) - There is no need to ban liability-driven investment (LDI) funds, though some pension schemes may not be able to meet upcoming tougher requirements on their use, Bank of England executive director Sarah Breeden said on Wednesday. "I don't think it needs to be banned outright," Breeden told parliament's work and pensions committee. (Reporting by Huw Jones; Editing by Alison Williams)

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