Skip to content

Adding value, reducing vulnerability

The crisis in autumn 2022 left many schemes vulnerable. Insufficient collateral, inefficient governance and incorrect liability cashflows caused significant issues for many schemes. We are proud of how we helped our clients navigate this storm; the result of long-term strategies built to withstand volatility.


of assets in DB schemes advised


LDI reviews conducted in past 12 months


trustee boards advised


satisfaction score through the 2022 Gilts crisis

How we improve returns and increase stability for clients

We advise clients on all aspects of designing and implementing an LDI strategy including:

  • Setting strategic targets for hedge levels and a choice of hedging basis
  • Generating liability cashflows and defining clients’ individual liability benchmarks
  • Structuring the LDI hedge in line with precise business needs
  • Selecting the hedging instruments which offer best value
  • Designing and implementing a bespoke and efficient ‘collateral waterfall’
  • Independently selecting or reviewing an LDI manager best suited to needs

Solutions that are everything but complacent

With many schemes already well hedged and de-risked, optimising your LDI strategy represents a significant opportunity to create lasting commercial value to a scheme.

Yet many schemes are still being held back by actuaries and consultants taking too long to update historic LDI benchmarks, and LDI managers sitting on inefficient and old-fashioned collateral structures.

At Isio we challenge industry complacency. We work with schemes, sponsors and LDI managers to innovate through new pooled funds and market-leading approaches to segregated mandates. So less collateral sits in cash as a “return drag” and more is put to work to generate returns.

We often find that around 0.5% p.a. can be added to a scheme’s target return with little or no impact on risk, or on the ability to re-collateralise quickly.




Get in touch

Contact us to find out how our experience could create further value for your scheme.

Image Barry Jones

Chief Investment Officer See full profile

Get in touch

Talk to us today to see how our bolder thinking can get you better results.