‘Record-high equity prices over the last year helped push the funded status of pension plans higher. Funded status gains of this magnitude lead many plan sponsors to consider de-risking by moving from growth assets to hedging assets. Long-duration securitized bonds can be an attractive allocation for pension plans interested in de-risking without adding corporate exposure’.
Link: https://www.incomeresearch.com/does-your-ldi-strategy-long-for-securitized/