Specialized expertise and extensive resources allow us to partner with clients at all stages of the de-risking lifecycle
We believe successful Liability-Driven Investing (LDI) portfolio management requires a comprehensive knowledge of actuarial sciences as well as a deep understanding of financial markets. This belief explains our multi-dimensional approach to LDI that combines a Liability Strategy Development team with a team of experienced portfolio managers.
Voya Enhanced Long Duration Government/Credit: A Five-Year Track Record to Celebrate
The Voya Enhanced Long Duration Government/Credit (ELGC) Strategy celebrated its fifth anniversary in March 2023. We explore what makes ELGC stand out.
LDI Quarterly Update: 2Q23
U.S. pension funded status improved in 2Q23 to its highest level since 2007, increasing by more than 5% to 107% amid declining liabilities and increasing assets
Pensions unscathed from a claw so deep
Funding ratios rose again in 2022, putting plan sponsors in another surprisingly strong position.
Why US corporate pension plans won’t be importing the UK’s LDI fiasco
The gilt crisis that brought down a UK prime minister also pummeled pension schemes and dialed up the heat on liability-driven investing
Pension Plan Sponsors: The Time to Act is Now
Recent rate volatility offers a rare opportunity, but if history serves as any guide the window to act will be fast to close.
Key Differentiators
Flexibility to Help Meet
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Expertise in Specialty
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Liability Focused Risk
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LDI Solutions Value Proposition
- Broad fixed income platform drawing on the expertise of more than 200 investment professionals
- Actuarial resources embedded within the LDI Strategy Development team
- Independent but integrated risk management team collaborates with portfolio management team
- Focus on both investment (issuer concentration, spread volatility, bond supply/liquidity) and operational (counterparty, collateral) risks
- More than 45 years experience managing liability-aware portfolios
- Customized solutions optimized for liability defeasance throughout the lifecycle of the plan
- Dynamic & cost effective overlay strategies to reduce funding status volatility, neutralize rate risk, create synthetic return exposures, and/or enhance risk/return profiles
- Liability, key rate duration, and custom benchmark analysis
Voya offers plan sponsors a full suite of pension risk management solutions — from off-the-shelf strategies benchmarked to traditional market-based indices, to bespoke liability-matching portfolios with interest rate overlays.
Off-the-Shelf Solutions*
Bespoke Solutions: Tailored to Meet Specific Plan Needs
Our Liability Strategy team partners with clients to evaluate current plan conditions as well as end-state goals and objectives to develop and recommend strategies appropriate to achieve the desired objectives while balancing risk and return within the established risk profile of each client.
- Complete plan diagnostics and analysis
- Custom benchmark creation
- Blend of market-based benchmarks
- Liability-based solutions
- Completion Portfolio Management
- Duration extension
- Key rate duration matching
- Interest rate hedging
- Tailored reporting packages
- Summary plan overview
- Asset and liability highlights
- Asset and liability returns
- Funded ratio history and attribution
- Interest rate, curve, and quality hedge ratio analysis
- Transition management as mandates evolve and benchmarks change
* Representative allocations; actual portfolios may vary.
Managing Pension Risk & Liabilities
Best Practices in LDI
Contact Us
For more information, please contact voyaimldi@voya.com.