UK pension funds are moving to globalise their real estate holdings, taking advantage of increased diversification benefits and greater scale of investment opportunities.
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.
Reaching for yield, which we define as buying bonds with wider spreads after controlling for sector and rating impacts, is a topic that frequently arises in the life insurance industry.
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.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
Are your private credit allocations positioned for uncertainty?
The performance of the US dollar significantly diverged from relative rate spreads.
What investors should consider
The key political, macro and credit risks that insurers may want to address in 2019.