The amount of hedging against interest rate risk rose to £31.7bn in the fourth quarter of last year, according to BMO Global Asset Management.
The firm's liability-driven investment (LDI) survey - which polls investment bank trading desks on the volumes of quarterly hedging transactions - found inflation hedging activity however decreased quarter-on-quarter...
The Old British Steel Pension Scheme (OBSPS) has agreed a £2bn full buy-in with Pension Insurance Corporation (PIC), one step closer to exiting Pension Protection Fund (PPF) assessment.
Lowest Q3 payout since 2010
The COVID shock has amplified disruptive trends, but we see global investment opportunities in the volatility ahead.
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.