"If we get back to the heady days of selling GBP2 billion in life bonds, it might be time to rethink [hedging the guarantee]."
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"If we get back to the heady days of selling GBP2 billion in life bonds, it might be time to rethink [hedging the guarantee]."

--Hugh McKee, savings and investments director at Prudential in Sterling, explaining why the fund manager is taking the risk of writing a capital guarantee on a multi-asset fund.

"If we get back to the heady days of selling GBP2 billion in life bonds, it might be time to rethink [hedging the guarantee]."--Hugh McKee, savings and investments director at Prudential in Sterling, explaining why the fund manager is taking the risk of writing a capital guarantee on a multi-asset fund.

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