Fixed Income

Liability-Driven Investing (LDI): Finding a Shorter, Different Path

March, 31 2026

5 Mins

Rising yields are reshaping pension LDI strategies, favoring shorter-duration allocations. Intermediate approaches with securitized assets can improve diversification, liquidity, and risk management compared to heavy reliance on corporate credit.

Jennison Associates

Jennison's investing approach is rooted in our fundamental research and security selection; all of our portfolios are built from the bottom-up, security by security.