International rules designed to bring transparency to the opaque derivatives market could backfire by imposing heavy costs on pension funds and force them to abandon hedging strategies, the industry's trade body warns.
The National Association of Pension Funds urged authorities to exempt pension funds from initial margin requirements - where derivatives users are forced to post collateral in the form of cash and ...
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
