UK pension schemes will face increasing over-concentration risks in their corporate bond holdings, according to AXA Investment Managers.
The warning comes after credit rating agency Fitch downgraded French utility provider Électricité de France (EDF) to a ‘BBB+', meaning it was removed from high-quality ‘AAA-A' rated indices. Thi...
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
