How did the mini-budget affect liability driven investments?

Liability Driven Investments are a little known but very consequential part of the financial system. These are investments that attempt to generate cashflows matching long term liabilities and they are popular with pension funds who have long term predictable liabilities. The LDI market has just taken a bruising bump as a result of the previous government’s mini budget, with Schroders alone writing off £20bn in value.

What is a Robo-advisor?

Robo-advisors are really cool robots that are programmed to follow you around and give you advice. Ok, not quite, but they are still pretty cool. Robo-advisors are essentially virtual financial advisors.

What Is Wealth-Tech?

Although it falls under the much broader ‘Fin-Tech’ umbrella, wealth-tech is the combination of technology for wealth management, which is about creating tools to help manage investments.