European asset-backed securities offer pension funds attractive risk and return compared with corporate bonds, providing security and a significant yield increase over the longer term, industry experts say.
Mercer global head of bonds Paul Cavalier said ABS were attractive, as part of an overall brief rather than as a standalone investment. He said: "Spreads are cheap and the asset backed market is...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
