13 May 2022
Welcome to the latest update for the LCP strategic portfolio for UK defined benefit pension schemes.
Inside you will find the latest thinking from our investment strategy team and specialist asset class researchers.
In this edition we focus on:
- The steps we have taken to increase the portfolio's credit allocations as widening credit spreads have led to a moderate improvement in our view of credit.
- Key actions we have taken in the portfolio in response to the threats of inflation and rising interest rates.
LCP's approach to getting the best value for money on manager fees and insights from our latest manager fee survey
- An update on our "low dependency" portfolio, which targets gilts + 1% pa and is appropriate for well-funded schemes.