Marino Valensise believes the key issue around portfolio construction at the moment is identifying diversifying asset class.
The trouble is, he points out, nearly everything tends to have a high correlation at the moment - with only tangible assets such as infrastructure, property and private equity showing a lower degree of...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.