Trustees and sponsors of UK defined benefit (DB) schemes should consider diversifying their growth portfolios to protect against the possibility of a market crash, according to Cambridge Associates.
In a report published yesterday (28 August), the firm warned that, with the prospect of a recession "on the horizon", alternative assets - such as private credit, private equity, and real assets - could...
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.
The number of members to have ever used NEST rose by 28% over the 2018/19 fiscal year to 31 March, according to its research arm, NEST Insight.
The Kent Pension Fund has reassured members that the closure of Woodford Investment Management will not affect its ability to pay benefits.
Flexible apportionment arrangements have become a commonly used tool for employers but, as Andy Lewis says, there can be issues for the unwary.