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.
How hedging against rising rates with credit���rather than sovereign bonds���can offer a better trade-off between liability-relative risk and return.
J.P. Morgan 2019 LTCMA Currency Exchange Rate Assumptions
While no deal is not the most likely scenario in our view, the risks are rising. The UK outlook is binary. A Brexit deal could see sterling bounce to 1.40 against the dollar, but no deal on 31 October could see a further slump to 1.10.
The world economy stands on the brink of a massive swing in savings, driven by global aging. Learn how growth and interest rates could be affected.
The cost of capital in China's changing markets
The Bank of England (BoE) held its base rate of interest unchanged at 0.5% at its meeting today.
Michael takes a close look at the question of rising committed and unspent capital in private equity, and implications for investors.
What are the implications of quantitative tightening for the global bond market?