Government bond yields rose sharply this morning as investors came under increasing pressure to liquidate liquid assets to meet redemptions.
UK 10-year yields leapt by 0.16 percentage points to 0.71% while 10-year US Treasury yield rose by 0.19 percentage points to 1.19%.
Stocks were weaker almost across the board, as governments' efforts to shield economies from the impact of coronavirus failed to provide much comfort to investors. View all the latest market data here: https://www.professionalpensions.com/news/4012364/market-movers-blog-ftse-100-reverses-yesterday-s-gains
Institutional investor demand for green UK sovereign bonds will be high as pension schemes seek to manage their climate change risks and tap up green opportunities, experts say.
Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
There are many lessons to be learned from the March 2020 market volatility and liquidity squeeze as the Covid-19 pandemic escalated, Barnett Waddingham says.
Retail and hotels have taken the brunt of lockdowns, while logistics and residential have fared much better. Even when Covid-19 is bought under control, the path of recovery is far from straightforward, writes Stephanie Baxter