UK - Currency overlay managers failed to add value for the second consecutive quarter, according to BNY Mellon Asset Servicing.
The firm found overlay managers produced an average negative excess return of -0.32% for Q4 2007, but retained a positive 0.26% over the whole year. Alan Wilcock, manager, performance and risk analytics,...
Professional Pensions spoke to Russell Investments about how to make the most of currency exposures. Here is what they have to say…
Patrick Zweifel says there could be considerable divergence in the trajectory of individual EM currencies over the coming years.
Multi-asset managers are increasing their cash holdings amid fears of a Greek exit from the eurozone.
Plunging equity markets have wiped out all gains made by pension schemes from balanced pooled funds in the last year, BNY Mellon figures show.
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.