Although almost half of participants were unsure about this question, slightly more were in favour of dropping the distinction than not.
One opined: "The artificial divide between BBB- and those below investment grade distorts the market unnecessarily." Another added: "Ratings are not always indicative of risks; unrated issues ca...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
