US
'The worst outcome for markets': 'Electoral paralysis' as Trump bids to halt vote counting
The inconclusive outcome of today's US presidential election is the "worst outcome for markets", according to investment professionals, who warn the "dragged out affair" will delay a "swift stimulus package" which would ultimately buoy share prices.
Sentiment towards UK equities remains negative in September with £1.4bn outflows
Latest Morningstar monthly flow figures
Federal Reserve: No interest rate hikes until end of 2023
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.
ESG ETFs receives record inflows while equities continue to lag fixed income
Equities flows YTD remain negative
Fixed income ETPs see another record month as 2020 inflows begin to recover
Global exchange-traded products (ETPs) have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to iShares.
PGIM Investments launches global corporate ESG bond fund
PGIM Investments has launched a global corporate ESG fund, which will be “the first of a newly-created suite” of PGIM Fixed Income’s ESG UCITS strategies available to investors outside of the US.
Why coronavirus could cause a 1990s-style bubble in risk assets
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...
NEST awards private credit mandate to BNP Paribas
Asset manager BNP Paribas has been awarded a private credit mandate by Nest following a competitive open tender.
The implications of a Trump Presidency
Saker Nusseibeh looks at what we might expect from a Trump administration.
Markets hit as 'wildcard' Trump triumphs over Clinton to become US President
Equity markets and the dollar have been hit as Republican Donald Trump beats Democratic candidate Hillary Clinton in the 2016 US Presidential Election.
'A recipe for economic uncertainty': The market implications of a Trump presidency
Investor reaction to Donald Trump's victory over Democratic presidential candidate Hillary Clinton in the 2016 US Election has been largely negative, with warnings about the implications of his win for the US economy and stockmarket.
End to Nortel feud in sight as agreement reached on pension payouts
An agreement has been reached on how to compensate members of the Nortel pension scheme after years of negotiations since the company went bust in 2009.
Will trustees have to follow the European data rules after Brexit?
In May the General Data Protection Regulation (GDPR) was adopted by the European Union, Michael Klimes examines how it will affect UK trustees
A word to the pension wise
David Harris says the overhaul of Pension Wise could allow more cost efficient and better thought out solutions for consumer advice to emerge.
Understanding market turmoil
Saker Nusseibeh looks at why we have seen so much market volatility this year.
Walker moves back to Aon Hewitt from L&G
Michael Walker has been appointed principal consultant in Aon Hewitt's risk settlement group.
What trustees need to know about Privacy Shield
PP looks at how legislation on data transfers between EU and US is changing.
Markets overvalued says industry
The majority of respondents to Professional Pensions research are worried stock or share bubble may be about to burst.
L&G secures record £230m medically underwritten buy-in
Legal and General (L&G) has completed its first medically underwritten bulk annuity deal with a £230m transaction with an unnamed scheme
Smiths cuts recovery contributions after reducing deficit
The Smiths Group has cut contributions to the Smiths Industries Pension Scheme (SIPS) by 60% after a dramatic improvement in funding levels allowed trustees to de-risk its investments.
Safe harbour ruling: What pension schemes need to know
A European ruling could force trustees to take radical action on how they transfer member data finds Michael Klimes
European investors get UCITS offers from Nuveen and TIAA-CREF partnership
Investors in Europe will be offered access to three responsible fund strategies for the first time say Nuveen Investments and TIAA-CREF.
L&G teams up with US insurers for first North American bulk annuity deal
Legal and General (L&G) has completed its first bulk annuity deal in the US, entering a joint agreement with Prudential Insurance Company of America to insure $900m (£595m) of liabilities in the Royal Philips scheme.
Deferred annuities: Reconciling freedom and security?
Could freedom and choice help deferred annuities make a comeback?
