We provide institutions with consultancy and advisory services in the following areas:
We focus on working with a limited number of clients and so are able to provide Director level experience and expertise on each assignment.
Advised the sponsor of a defined benefit pension scheme on how the scheme asset allocation could be revised with the aim of reducing the current escrow requirements and the future funding risks of the company. Our proposals were reviewed and accepted by the scheme trustees and their investment advisors and actuaries, and we were retained to advise them on the implementation of the strategy.
IIA was invited by a major Lloyd’s of London insurance company to review their current asset allocation and present recommendations to the Investment Committee on how they could restructure their investment portfolio to reduce their exposure to yield curve movements, whilst improving their risk-adjusted returns.
Since 2011 IIA has been an appointed member of the Consultants Bench at Lancashire County Pension Fund (‘LCPF’), and has carried out a number of due diligence assignments on a variety of conventional and bespoke credit investments for LCPF.
Since 2011 we have been supporting a banking client by acting as independent member of their Credit Committee which approves and oversees investments in high yield European loans and bonds. The Committee usually meets at least once a week, and as a result we have a high level of awareness of the issuers, structures and market developments in the European sub-investment grade credit markets.
IIA was appointed to undertake a covenant review for the trustees of a major UK financial group's pension funds.
In 2010 IIA was commissioned by JPMorgan Asset Management to write a report on the investment implications of the draft Solvency II capital requirements for distribution to its clients. Subsequent to this IIA was appointed to assist the Association for Financial Markets in Europe in liaising with the regulators to recalibrate an appropriate set of risk weightings for securitised assets. These assignments have proved to be very helpful when working with our insurance sector clients.