When structuring an investment portfolio, institutional investors oftentimes focus solely on assets with little, if any, consideration for budgeted obligations or embedded liabilities. Doing so typically leads to a strategic asset allocation designed to outperform either a benchmark or an absolute level of return, which is often chosen arbitrarily by adopting historical “norms.” While this asset-only focus can at times lead to outperformance, it often fails to consider the volatility of returns.

This session will help you understand:

• How an institution with embedded liabilities such as debt covenants can use LDI to measure, manage, and monitor the risk/return profile of its investment portfolio and help generate the returns necessary to meet them
   
• How endowments and foundations can utilize an LDI approach to structure a portfolio that helps generate returns sufficient to meet their spending policy obligations
   
• How utilizing an LDI approach allows institutions to include alternative asset classes, determine their volatility type and assign specific purposes for them within the portfolio.

Click here to register. For more information, contact William M. Courson at 614-224-8800 or wcourson@lancasterpollard.com. If you cannot attend the live webinar, please click Request Recording.