ASIA - Govett Investments predicts an improved financial outlook in Asia, following the US rate cut and a rise in Asian equities in October.
Govett believes the rise in equities was due to an improving investor appetite for risk and from a gradual switch out of bonds.
But Asia-Pacific fund manager Christian Dangerfield said: “Given the the cloudy outlook for exports and the lingering geopolitical uncertainties, equity risk premiums are likely to stay high and markets are likely to remain volatile.”
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.