Pension Risk Transfer and Complex LDI Transition Management

This case study details Russell Investments' management of a €1.3 billion pension buyout for a European corporate pension fund. It highlights the challenges faced, including time sensitivity, significant cleared swap exposure, and the need for coordination across multiple managers. The study outlines the integrated transition management solution provided, emphasizing pre-trade planning, specialized swap management, and active market risk management, resulting in a successful and timely execution