Trustees must take a position on the direction of interest rates before they decide on their investment strategy, according to Hermes Fund Managers chief executive Saker Nusseibeh.
Speaking at the PP Show 2012, Nusseibeh said there are two scenarios for interest rates: either governments pay down debt, interest rates go up and liabilities decrease; or the world enters a perio...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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