About this working party
Objectives:
Deliver high-quality research on a wide range of cutting-edge topics regarding the CDI strategy to benefit all the like-minded qualified investment actuaries or students.
Proposed market and investment research topics:
• How to structure a CDI mandate.
• CDI investment philosophy and scope of asset types.
• A framework to incorporate LDI thinking into CDI strategy, including how this may impact on the discount rate of liabilities.
• Risk Management framework to blend illiquid assets: trade-off between illiquidity premium versus liquidity and modelling risks.
• Differences in consideration to adapt CDI strategy for pension funds and insurers, with a focus on different regulatory frameworks.
• Key performance measure to assess success of CDI strategy.
Chair: Kedi Huang
Established: 2019 - 2022