The US Federal Reserve sent out "strong, powerful guidance" on Wednesday (16 September), as it predicted interest rates would stay near zero until at least the end of 2023.
The coronavirus outbreak will significantly impact risk assets over the coming "years, rather than months", according to economist and author Anatole Kaletsky, who warned that central bank reactions to the illness could artificially inflate asset prices...
Jason Fletcher has been hired to lead the investment team of West Midlands Pension Fund (WMPF), after leaving Universities Superannuation Scheme (USS) in April.
Trustees relying on equities and gilt yields to improve are taking a big gamble and could result in a rush of schemes going bust, says Hugh Nolan.
PP explores the option of putting the British Steel scheme through the bulk annuity market.
Mike Craston has been made a trustee and board member of Legal and General's (L&G) master trust.