Pension scheme inflation hedging activity fell by 17% quarter-on-quarter to £30.4bn in the first three months of the year, BMO Global Asset Management research reveals.
Ameriprise Financial – the US parent of Columbia Threadneedle Investments – is set to acquire the EMEA asset management business of BMO Financial Group in a £615m all-cash deal.
The US economy is on course to do better than Europe post-lockdown, thereby supporting US equities but raising inflation worries, according to economists.
Pension schemes significantly heightened their interest rate and inflation risk hedging in the second quarter of the year, according to BMO Global Asset Management.
There are only a few days left to register for this year’s PP Investment Conference, which will be held on Tuesday 5 November at London’s America Square Conference Centre.