UK schemes have been warned not to distort asset allocations to meet cash flow pressure from currency hedging strategies, after the pound suffered a weak January.
The pound fell 2.5% against the dollar and 5.25% against the euro over the course of the month. Figures from State Street Investment Analytics reveal most schemes still have no hedging, but thos...
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
