UK pension funds have "undoubtedly" gone too far in cutting their equity allocations in favour of fixed income, ING IM head of strategy Valentijn van Nieuwenhuijzen has said.
The impact of quantitative easing on pension scheme funding levels is diminishing with every new round of monetary stimulus, JP Morgan Asset Management says.
Hannah Brenton looks at what pension funds will invest in over the coming year, and why.
The industry has fiercely criticised the cuts to annual and lifetime allowances revealed in the Autumn Statement, arguing they will undermine confidence in pensions.
Emerging market infrastructure, emerging market government bonds and high yield corporate bonds could provide growth and a steady income stream for schemes over the next year, delegates heard.
Falls in gilt yields - driven both by quantitative easing and investor demand for ‘safe haven assets' - have contributed to pension scheme liabilities and deficits rising to near record levels.
Jonathan Stapleton, Professional Pensions Editor discusses the current economic environment, the PPF levy and liability reduction exercises with David Collinson, Co-Head of Business Origination, Pension Corporation; Peter Askins, Director, Independent...
Leicestershire County Council pension fund has appointed JP Morgan Asset Management to run an unconstrained bond mandate investing in credit from around the world.