Investments
Investment decisions are trustee business, but the impact of funding volatility or underperformance shows up on the sponsoring employer’s bottom line. Investment approaches to risk management require a range and depth of expertise which not all law firms can provide.
How can we help?
Our Pension Risk Group is recognised as being at the forefront of the latest legal, regulatory and documentary developments and innovations in the marketplace. We bring together expertise in financial services regulation, derivatives and structured finance, investments and pensions law to help you cut through the complexity to find the right solution, from the appointment of fund managers and custodians to advising on investment in a range of alternative funds and co-investment structures. We have experience of working with all the main providers and have advised a large number of pension schemes on implementing liability-driven investment (LDI) programmes. In the wake of the market disruption of October 2022, we have also worked with schemes and sponsors to mitigate against the risk of any future liquidity crunch – to find out more, see our briefing ‘Pension scheme liquidity: are you prepared if the tap gets turned off again?’
We also advise sponsoring employers and trustees on other sophisticated investment strategies – for example, structures linking a long-term parent guarantee structure to a dynamic funding and investment strategy agreement. This framework can allow trustees to pursue outperformance via a higher risk investment strategy in return for improved financial security.
Our strong institutional investor/investment practice is recognised in the market and advises UK, Dutch, U.S.and Canadian pension funds, as well as government authorities, international organisations, central banks and insurance companies. Our derivatives specialists are part of one of the largest and most integrated teams in the industry, renowned in the market for being innovative and commercially aware of the latest market developments. As counsel to the International Swaps and Derivatives Association, Inc (ISDA) on many matters, we are at the forefront of the latest legal, regulatory and documentary developments and innovations in the marketplace.
