GLOBAL - Global equities returned over 7% in October outperforming both fixed income and hedge funds, figures by global indices provider MSCI show.
The MSCI World Equity Index achieved a positive return of 7.3% in October, while bonds – as measured by the MSCI World Sovereign Debt Index – returned -0.4% and hedge funds managed a 0.2% return.
For the year to date, bonds have returned 13.8%, hedge funds 1.4% and equities -21.1%.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.