Event

mallowstreet University Dinner: Cashflow Driven Investment (CDI)

Wednesday, 27 February 2019

18:30 - 21:00

Corrigans Mayfair, 28 Upper Grosvenor Street, Mayfair, London, W1K 7EH

This event is now in the past

Improved funding levels and an increase in cashflow negativity suggest pension schemes have less of a need to invest for growth, and can shift their allocations to meet cashflow needs. Given the increased need to meet cash outflows, forced selling can lead to significant costs if portfolios do not have income-generating assets, raising issues of path dependency. PIMCO want to share our latest research into constructing and managing portfolios that generate contractually-defined cashflows, either through income or maturing assets, to meet cashflow needs. We will discuss the key features of these portfolios along with the challenges associated in managing this type of allocation.

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