Shalin Bhagwan

Articles from Shalin Bhagwan

  • GREEKS DISCOUNT THE VALUE OF LDI STRATEGIES

    I enjoyed writing that as the title to this piece and hopefully the choice of title will become clear as you read through. It was fun trying to think up a colourful title to a piece about the dull topic of swap discounting and how the "greeks", more commonly found when describing options, have made an appearance into the discussion on swap discounting. Other titles that made the shortlist but didn't win through in the end included: · "Cross gamma risk hits swap mark-to-market". Discarded for being too geeky.   · "Who is gamma and w ... ..read more

Shalin was the Head of UK LDI in AXA IM’s team delivering risk management solutions for UK pension schemes and insurers. Prior to joining AXA IM, Shalin held related positions at Legal & General Investment Management where he was Head of Structuring and a core part of the executive team responsible for building the UK and US LDI businesses. During 2009 and 2010, working out of Chicago, Shalin also established LGIM’s LDI credentials and business in the US, bringing on board the first US pension scheme clients.

Prior to LGIM, Shalin was a pensions and investment consultant with Hewitt and Mercer respectively. Shalin spent the first 10-years of his career in South Africa working for Sanlam in South Africa where he was part of the Executive Committee in charge of the pensions business spanning pension fund investment and risk products. Shalin is a Fellow of the Faculty of Actuaries and graduated from the University of Cape Town with an Honours degree in Statistics and Actuarial Science.