UK one quarter of negative GDP away from recession
UK gross domestic product (GDP) contracted in the second quarter for the first time since 2012, the Office for National Statistics said in its latest report, meaning the UK is only one negative quarter away from a recession.
The GDP monthly estimate for June, published today (9 August), shows that GDP shrunk by 0.2% in Q2 following the strong growth seen in Q1, largely due to a pull back in manufacturing output, although the...
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NEST awards private credit mandate to BNP Paribas
Asset manager BNP Paribas has been awarded a private credit mandate by Nest following a competitive open tender.
Industry Voice: Economic policy or economic growth? What matters most for sovereign bond quality and performance? See Eaton Vance's latest report
In this paper, Marshall Stocker, Ph.D, CFA, explores the key drivers of sovereign bond ratings, spread performance and frequency of defaults, paying particular attention to the determinant role that economic policy plays.
Kent LGPS fund says Woodford closure is 'in best interests' of investors
The Kent Pension Fund has reassured members that the closure of Woodford Investment Management will not affect its ability to pay benefits.
Industry Voice: CDI - Is solely sterling feasible?
Given the modest size of the UK IG corporate bond market, we believe a globally-focused and actively managed IG corporate portfolio and a careful portfolio construction can help UK DB schemes.
LPGS pools launch climate and real estate funds
LGPS Central has launched a multi-factor equity fund with climate considerations core to its investment process.