Professional Pensions assembled a panel of four industry experts to talk about the outlook for fixed income investments.
The high-level roundtable was chaired by Professional Pensions editor Jonathan Stapleton and included Madeline Forrester, head of UK institutional sales at AXA IM; Charles McKenzie, head of global fixed income at JP Morgan Asset Management; Peter Schuld, senior portfolio manager at LGIM; and Trevor Walsh, fund manager at Aviva Investors.
The Conjecture debate looked at the outlook for fixed income investments over the coming year and the opportunities schemes have for diversifying their portfolios.
It also assessed the downsides of holding bonds in such uncertain times and look at risk management within portfolios.
In particular, the debate asked the following:
1. What is the outlook for fixed income over the coming year? What sectors and geographies will do well and what areas will do less well?
2. How are low gilt yields affecting scheme fixed income portfolios? To what extent will these portfolios protect against
3. To what extent should schemes diversify their fixed income portfolio into higher yielding sectors such as emerging market debt and high yield? To what extent could allocations to these sectors improve risk-adjusted returns – and are there potential problems with this approach?
4. How can schemes manage risks within fixed income portfolios to ensure they remain consistent with their strategies and goals?
Get the latest news direct to your inbox.
More from Fixed Income
Updating your subscription status
Here they are... The winners of this year's UK Pensions Awards. The accolades were presented at a glittering gala dinner at London's Grosvenor House Hotel on 1 May by top TV comedian Dara O'Briain.
The best of our readers' ideas on how to structure defined ambition pensions
This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.
This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.
Up to £250 per day depending on experience as a contractor
£dependent on experience and qualifications
Up to £30,000pa pro rata depending on experience
Send to a friend