Pascal’s Wager argues that belief makes more sense than disbelief when the worst outcome is a total loss.
A stable to improving alpha outlook offsets the beta drag
What are the implications of quantitative tightening for the global bond market?
Our summer 2019 edition looks at UK pension buy and maintain strategies, the globalisation of real estate holdings and the importance of timing when investing in a volatile, late cycle environment.
Pension funds don’t face the many constraints that make buy and maintain strategies so well-suited to insurers, and can make use of these freedoms when designing portfolios to meet the liability-aware investment needs of pension funds.
UK pension plans concerned about how to invest in a volatile, late cycle environment may want to consider two practices: continue effective rebalancing and don’t postpone further duration hedging in anticipation of rising rates.
Automation and artificial intelligence (AI) can boost productivity and long-term economic growth, but fears of joblessness are a real concern.
Pension strategies: Matching cash flows and managing liquidity
Mostly stable, mostly moderate