National Association of Pension Funds chairman Chris Hitchen has called on pension funds to resurrect their stock lending programmes.
Speaking at the OPDU annual conference - held in London last week - Hitchen said: "Don't abandon your securities lending programs. Having stock to lend and borrow is crucial for efficient markets." His...
The first generation of ESG strategies excluded whole sectors from investors’ portfolios. Such approaches are still widely used, but investors may be underestimating their impact on portfolio diversification.
Asset manager BNP Paribas has been awarded a private credit mandate by Nest following a competitive open tender.
Industry Voice: Economic policy or economic growth? What matters most for sovereign bond quality and performance? See Eaton Vance's latest report
In this paper, Marshall Stocker, Ph.D, CFA, explores the key drivers of sovereign bond ratings, spread performance and frequency of defaults, paying particular attention to the determinant role that economic policy plays.
The Kent Pension Fund has reassured members that the closure of Woodford Investment Management will not affect its ability to pay benefits.
Given the modest size of the UK IG corporate bond market, we believe a globally-focused and actively managed IG corporate portfolio and a careful portfolio construction can help UK DB schemes.