Corey Hoffstein: Increasing fund granularity could lead to explicit LDI strategies

Corey Hoffstein: Increasing fund granularity could lead to explicit LDI strategies
Greater fund granularity and LDI link

Corey Hoffstein raises the possibility that adding more granular funds to address duration mismatches could effectively lead investors toward using explicit liability-driven investment (LDI) strategies.

He suggests that continuously increasing fund granularity in pursuit of better duration matching may ultimately bring portfolio construction to the level of LDI.

Hoffstein previously reflected on reaching a portfolio all-time high on October 9, 2007, which coincided with the start of the global financial crisis, according to a past commentary. In a separate note, he highlighted that Hyperliquid has achieved $11 billion in dollar volume on traditional markets. These observations provide further context to his recent views on portfolio construction and duration matching.

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