SPEAKER BIOGRAPHies

Trevor Welsh  Senior LDI Portfolio Manager - Pension Protection Fund

In October 2015, Trevor took up his current role as Senior LDI Portfolio Manager at the Pension Protection Fund, one of the largest pension funds in the UK. Here he has been responsible for insourcing the PPF’s LDI capability and managing its successful bond and inflation hedging program.Trevor’s career has spanned both sides of the investment banking and asset management divide. His first role was at UBS (Phillips and Drew prior to the takeover) where he spent 14 years building the business into one of the largest fixed income brokerage operations targeting asset managers and hedge funds. Following the merger with Swiss Bank in 1998, he was given the opportunity to switch into asset management with what was then Commercial Union, but is now Aviva. Here, he continued to work in fixed income markets acting as an active fund manager on both pension fund assets and the successful G7 hedge fund. Trevor specialised in advising on the liability matching of portfolios and active LDI strategies for pension funds covering all aspects of both real assets, inflation and derivative overlays. Following a strategic review in 2013, he became head of UK Sovereign Bonds and expanded the LDI business managing a team of 5 specialists.