UK - The latest fund manager survey from Merrill Lynch has shown fund managers pricing in continued rate rises in US short term interest rates, with most believing that a rate closer to 4% is needed to achieve a neutral level.
Fixed income managers saw 3.9% as a neutral level while equity fund managers saw the neutral rate at 3.8%, with the current fed rate pegged at 3.25%. As to where the global economy’s cyclical ph...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
