A flexible, all-weather approach to credit investing has risen in popularity during the past decade. We look at how flexibility has helped credit investors capture income in a low-yield world and manage duration risk.
This Q&A focuses on the recent appointment of Dr. Marshall Stocker as Director of Country Research within the Global Income team and what this means for the firm’s EM debt clients
Deficit contributions and favourable asset returns in recent years have led to improved funding positions and our analysis suggests buying out scheme liabilities with an insurer is now a realistic medium-term goal for the majority of FTSE 350 companies...
As monetary policy seems almost exhausted, could fiscal easing kick-start growth and take us out of the low rate, low growth environment that we have been in for 10 years?
Although the focus of CDI is often on meeting assumed liability outflows, in reality it is all about securing the asset inflows.
Irrespective of size, funding level or maturity, defined benefit (DB) pension plans have one common goal: to pay members' pensions in full and on time.
Integrated Risk Management (IRM) brings together covenant, funding and investment risks, and assesses how these components interact with each other.