Corporate Clients
topic on 1 show · 1 statements across 1 episodes
1 statements about Corporate Clients, every show
McCusker: Corporate LDI clients saw the most direct benefit from rebalancing
“If they had an LDI allocation, which most of them do, They saw some of the biggest gains from fixed income, and they were probably the earliest to rebalance, because rates fell very quickly, and it was actually a positive basis mismatch for them if they had an…”