Armageddonists and the portfolio cost of fear, 2010-2019
Using our 2019 Long-Term Capital Markets Assumptions and our estimate of the average current pension profile, we projected forward the buyout position of the average UK pension scheme.
With global recessionary risks rising, we provide a framework to help UK pensions prepare for near-term risks that could challenge the fulfillment of their sponsor covenants.
Pension Pulse Summer 2019
Pension Pulse Spring 2019
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
How hedging against rising rates with credit—rather than sovereign bonds—can offer a better trade-off between liability-relative risk and return.
Pension Pulse Summer 2018
Potential investment implications of IFRS 9 on bond and equity investment strategies like hedge accounting and derivatives.
A close look at the Progressive Agenda, China’s deteriorating welcome mat in DC and US Tech IPOs.