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...
The US Federal Reserve sent out "strong, powerful guidance" on Wednesday (16 September), as it predicted interest rates would stay near zero until at least the end of 2023.
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....
A record-breaking 150 ‘dog’ funds have been identified in the latest bi-annual Bestinvest Spot the Dog report, with total assets of £54.4bn sitting in these vehicles.
Underfunded defined benefit (DB) pension schemes in the UK are over-dependent on historically improbable equity returns, analysis by Willis Towers Watson reveals.
In the wake of severe credit-market dislocations earlier this year, Wellington Management’s Mahmoud El-Shaer shares his thoughts on the growing importance of credit research in a still-uncertain environment.