LDI activity rebounds in Q2 after subdued Q1; LIBOR to SONIA switching driving activity
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.
This was an 8% increase from the first quarter when interest rate hedging activity had fallen by 4% to £27.4bn, the firm's quarterly survey found. Inflation hedging, which fell by 14% from Q4 2017 to £19.3bn...
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RPMI Railpen backs Greencoat for energy plant acquisition
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Transaction costs tally up to 37% of pension investment costs
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USS announces divestment from weapons, coal, and tobacco
Universities Superannuation Scheme (USS) will divest from tobacco, coal, and controversial weapons manufacturers following “years of demand” from members and recent protests on its overall commitment to climate action.
Market Movers Blog: Half of emergency Covid-19 business loans face non-payment
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
