Second instalment of initiative looks at solutions to adequacy and contribution issues
Findings from various pensions systems across the globe have been brought together
The inconclusive outcome of today's US presidential election is the "worst outcome for markets", according to investment professionals, who warn the "dragged out affair" will delay a "swift stimulus package" which would ultimately buoy share prices.
Latest Morningstar monthly flow figures
The US Federal Reserve sent out "strong, powerful guidance" on Wednesday (16 September), as it predicted interest rates would stay near zero until at least the end of 2023.
Equities flows YTD remain negative
Global exchange-traded products (ETPs) have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to iShares.
PGIM Investments has launched a global corporate ESG fund, which will be “the first of a newly-created suite” of PGIM Fixed Income’s ESG UCITS strategies available to investors outside of the US.
The coronavirus outbreak will significantly impact risk assets over the coming "years, rather than months", according to economist and author Anatole Kaletsky, who warned that central bank reactions to the illness could artificially inflate asset prices...
Asset manager BNP Paribas has been awarded a private credit mandate by Nest following a competitive open tender.