Next chief says he flagged LDI concerns to Bank of England

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Financial Times 4 mo ago

Next chief says he flagged LDI concerns to Bank of England - Financial Times

Quick Summary:

The BoE on Wednesday outlined plans to buy up to £65bn of long-dated gilts in order to reduce their prices.

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Many funds that had gone into bonds “are actually taking a lot more risk than they thought they were”, he added.