SLI remains at the forefront of innovative and effective LDI solutions
with a new product unique in Canada
MONTREAL, Jan. 16, 2013 /CNW Telbec/ - Standard Life Investments, a
leading global asset manager, today announced it has launched a series
of Target Liability Bond Pooled Funds, making innovative and customized
liability driven investment (LDI) solutions more widely available for
small to midsized pension funds.
No matter the size of their funds, defined-benefit pension plan managers
and sponsors are eager to de-risk their portfolios while optimizing
long-term returns. Standard Life Investments' new series of
daily-valued Target Liability Bond Pooled Funds now provides small to
midsized pension plans with access to an innovative and effective
approach. This unique LDI solution will be available initially through
Standard Life Investments and The Standard Life Assurance Company of
Claude Turcot, Senior Vice-President, Quantitative Management, at
Standard Life Investments Inc. said "Canadian pension plans continue to
face significant short and long-term pressures, including plan
deficits, interest rate risks and longevity. But while the challenges
are the same, each client is unique and needs a tailor-made solution."
A Unique Approach in Canada
Through its proven expertise and quantitative research capabilities,
Standard Life Investments has developed a proprietary and innovative
solution that can capture and address the interest rate risks
defined-benefit pension plans face.
Each fund in the Target Liability Bond Pooled Fund series is associated
with a specific Canadian pension plan demographic profile representing
different combinations of active employees and retirees. Pension plans
can then tailor their allocation of assets within the series to reflect
their own demographic profile and the duration of their liabilities.
They can then establish the desired credit risk exposure. This series
will provide small to midsized pension plans with access to a relevant
benchmark reflecting their reality and customized risk exposure that
aims to achieve sustainable long-term returns.
Roger Renaud, President of Standard Life Investments Inc, said "Our new
series of target liability pooled funds now provides pension funds of
all sizes with access to a customized solution that is simple to
understand and above all, effective.
Offering the most effective risk management and liability-driven
investment solutions is Standard Life Investments' top priority because
it's also a top priority for our clients. Our growing portfolio of
comprehensive LDI solutions will help our Canadian pension plan clients
more confidently de-risk their portfolios and meet their future
The series launched today is comprised of a Short-, Mid- and Long-Term
Liability Government Bond Pooled Fund. A Short- and Mid-Term Corporate
Bond Pooled Fund will also be added to the series and will be available
through Standard Life Investments once launched.
About Standard Life Investments
Standard Life Investments Inc. has been providing investment management
services in Canada since 1973 and manages approximately CDN$32.5
billion1 of assets. Standard Life Investments Inc. is a subsidiary of
Edinburgh-based Standard Life Investments Limited, a major asset
manager and part of the Standard Life group that manages CDN$252
billion1 on behalf of clients worldwide.
1As at June 30, 2012
SOURCE: STANDARD LIFE INVESTMENTS INC.
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