FCA urges switch away from LIBOR benchmarks as underlying market thins
The Financial Conduct Authority has said LIBOR is likely to end by 2021 and has urged markets to begin transitioning to alternative benchmarks.
Speaking at Bloomberg today, the watchdog's chief executive Andrew Bailey said the regulator had worked hard to maintain and improve the London Interbank Offered Rate (LIBOR) - the rate used for benchmarking...
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Cushon launches its first net-zero pension
Fintech workplace savings business Cushon has launched a net-zero pension available now to savers who want to “actively contribute towards slowing climate change”.
PP parent Incisive Media launches Sustainable Investment Festival
Join us on 22-24 June
Industry Voice: Fallen Angels - 2020 Downgrade Update
Downgrades of investment grade bonds to fallen angels continue apace in 2020. Through September 30, $179.6 billion, across 43 companies and comprising over 230 bonds, has been downgraded. The asset figure already exceeds the full calendar years of 2009...
LGPS to become negative cashflow 'by 2024'
Local Government Pension Scheme (LGPS) funds are being urged to prioritise cashflow management as investors are challenged to find income in traditional fixed income and property markets.
