Characteristics and Implementation Considerations for Private Equity
Key findings from the Multi-Asset Solutions Strategy Summit
Daily comprehensive market and economic trends through clear and compelling charts.
November marked the 10 year anniversary of the widest corporate bond spreads on record.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%
Factor investing through the cycle
This month marks the largest monthly funded status decrease since January 2016.
PG&E (ticker: PCG) filed for bankruptcy - surprisingly the issuer was within the A or better rated pension liability discount rate universe within the prior 12 months.
For most of 2018, eurozone and US monetary policy appeared to be on a largely preset course.
Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.