Pension schemes that have not hedged their liabilities could face funding issues as long-dated bond yields have plummeted, industry experts have warned.
It follows news yesterday (14 August), that the curve for yields on some UK gilts and US treasuries inverted, meaning that shorter-duration bonds, such as two-year gilts, gained higher yields than longer-term...
Mark Denning, who helped to run $300bn of assets at Capital Group, has resigned from his role after he was alleged to have secretly bought shares for his own benefit in some of the same companies as his funds.
The first generation of ESG strategies excluded whole sectors from investors’ portfolios. Such approaches are still widely used, but investors may be underestimating their impact on portfolio diversification.
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.