Interest rate and inflation hedging hits £83.1bn in Q2

Pension schemes significantly heightened their interest rate and inflation risk hedging in the second quarter of the year, according to BMO Global Asset Management.
Total interest rate hedging activity rose by 3% to around £43.5bn, while inflation hedging soared by 12% to £39.6bn, the asset manager's quarterly liability-driven investment (LDI) survey found. Most...
More on Investment
Industry Voice: Fallen Angels - 2020 Downgrade Update
Downgrades of investment grade bonds to fallen angels continue apace in 2020. Through September 30, $179.6 billion, across 43 companies and comprising over 230 bonds, has been downgraded. The asset figure already exceeds the full calendar years of 2009...
LGPS to become negative cashflow 'by 2024'
Local Government Pension Scheme (LGPS) funds are being urged to prioritise cashflow management as investors are challenged to find income in traditional fixed income and property markets.
Essex seeks direct corporate lending manager
Essex Pension Fund is looking to appoint an investment manager for a direct corporate lending mandate of approximately £200m to £250m.
Aegon commits to net-zero default funds by 2050
The carbon emissions in Aegon UK’s default pension funds will be slashed in half by 2030 under a longer-term plan to reach a net-zero position by the middle of the century.