State Street Global Advisors (SSgA) has tweaked its liability-driven investing (LDI) strategies with the addition of 22 leverage swap funds, following the launch of 10 leveraged Gilt funds in April.
The LDI funds aim to help institutional investors protect against inflation and interest rate risk when liability matching. The leveraged nature of the funds is intended to give flexibility by allowing a smaller initial investment, thereby freeing capital for growth objectives in a portfolio.
SSGA head of UK, Middle East and Africa, Susan Raynes, commented: “Our completed set of funds provides a strong foundation to offer clients a comprehensive and flexible solution for managing their liabilities. These funds, alongside our existing set of physical bond strategies and those leveraged funds we launched earlier in the year, provide extra flexibility for schemes so that they can focus on building asset growth in line with overall investment objectives.”