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%.
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.