Towers Watson has urged clients to consider reducing their exposures to high-quality corporate credit in favour of other assets such as bonds and equities.
The assertion follows the firm's downgrading of investment grade corporate credit spreads to "moderately unattractive" over a three-year horizon from "neutral", as revealed in its Global Markets Ov...
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
