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
The finalists for this year's UK Pensions Awards have been unveiled. The winners of the industry's most prestigious accolades will be announced at a gala dinner at London's Grosvenor House Hotel on 1 May 2014.
The best of our readers' ideas on how to structure defined ambition pensions
Shedding light on the key challenges, the Aon Hewitt guide helps you identify what you are trying to achieve for your DC members and deliver a positive impact on their outcomes. The guide examines the current situation and existing challenges, and suggests potential solutions, with clear action points for employers and trustees.
John Brown, Senior VP and Head of Global Client Development at INTECH Investment Management discusses whether or not ‘Smart Beta' is genuinely smart, and if it is really beta.
GBP30000 - 35000 per annum
£15,000 - £26,000pa
£30,000 - £35,000pa
30 Apr 2014
01 May 2014
Send to a friend