In the article, ‘Are leveraged LDI strategies lawful? How the courts would construe reg 5 of the OPSRs?’, written for Butterworths Journal of International Banking and Financial Law, Keith Rowley KC and Elizabeth Ovey consider whether repos constitute borrowing within reg 5 of the Occupational Pension Schemes (Investment) Regulations 2005 and offer some reflections on points which might arise if the issue came to be litigated from the perspective of practitioners in the pensions field.

Read the full article, here.