While equities are often considered the best weapon to wield in ESG-related engagement, pension schemes also have huge power through their bond allocations, says Mitch Reznick
Pension funds could face a dilemma over their fiduciary duties as falls in gilt yields mean they may have to buy securities that are guaranteed to lose money, according to Cambridge Associates.
Pension schemes that have not hedged their liabilities could face funding issues as long-dated bond yields have plummeted, industry experts have warned.
The amount of hedging against interest rate risk rose to £31.7bn in the fourth quarter of last year, according to BMO Global Asset Management.
Wolfgang Kuhn says pension funds must considered the real-world impacts of their investments
As Europe faces a complex tapering trajectory, Michaël Lok looks at a number of emerging opportunities in credit
Stephen Jones says the broader 'outside' world might be fraught with challenges, but companies are prospering and voicing few concerns. However, caution is warranted.
Sorca Kelly-Scholte says the $5.1trn US investment grade corporate bond market offers greater opportunities to diversify.
The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend
The combined defined benefit (DB) deficit decreased by £52.8bn over January to £51.0bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
After a year of stellar growth and stubbornly high valuations, asset bubbles may forming that could lead to market corrections. Stephanie Baxter looks at what 2018 has in store
Almost two-thirds of UK-based institutional investors, including pension funds, expect asset bubbles to negatively impact performance in 2018, according to research by Natixis Investment Managers.
The Bank of England has raised rates for the first time in 10 years on a gradual path towards normalisation. Stephanie Baxter explores whether this will give schemes a reprieve from low yields
The US central bank has become the first to begin reversing quantitative easing, with more to follow. Stephanie Baxter looks at what to expect from this historic shift.
Insurance companies are seeking out more fixed income opportunities, and schemes should follow suit, says Sorca Kelly-Scholte.