While it is difficult to be anything more than mildly hopeful about the outlook for Europe, there are several good reasons to be cheerful about the US economy. This is in spite of the white-knuckle ride of the fiscal cliff negotiations and the continuing budget wrangling.
While political negotiations in the US may be melodramatic, it is important to keep them in perspective. Artemis Global Select Fund co-manager Simon Edelsten says: “None of the packages currently being...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.