History teaches that epidemics tend to have short-term effects on economies and markets, but great uncertainty remains about the coronavirus.
In an increasingly protectionist world, plagued by escalating trade tensions, the export-focused German economy is clearly suffering. We look ahead and explore the investment implications of a weaker German economy.
Given the modest size of the UK IG corporate bond market, we believe a globally-focused and actively managed IG corporate portfolio and a careful portfolio construction can help UK DB schemes.
Six asset managers have been praised for their "exceptional transparency" in reporting transaction costs and charges to clients including pension schemes.