CANADA - Global Pensions invites readers to save the date for the Currency Management Forum Toronto 2010 to discuss how pension funds can make the most of the unique currency environment.
Volatility in the currency markets has not subsided and has continued to soar since 2008. But the current swings in currency are driven by the government debt bubble instead of uncertainty in the markets. This is a unique situation. The markets are not reacting to the possibility of a default by the major debtors, like the US and the UK. Rather, they are reacting to the monetary tightening that's due to follow.
The Currency Management Forum 2010 will look at how to best manage this volatility, how to reap alpha from currency, discuss currency as an asset class, and look at ways to best evaluate your currency manager.
To register your interest in the Currency Management Forum go to:
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.