Analysis and opinion

  • liam kennedy
    Opinion Pieces

    Post Brexit questions

    February 2020 (Magazine)

    By the time you read this, the UK will have left the European Union, following three years of negotiation, renegotiation and delay

  • Daniel
    Opinion Pieces

    A perilous stability

    February 2020 (Magazine)

    A few years ago, when asset managers talked about market prospects, they often pointed to 2020 as the year when the world economy could run into difficulties

  • Trustees should always protect pensions
    Opinion Pieces

    Trustees should always protect pensions

    February 2020 (Magazine)

    The proposal to phase out the Retail Prices Index (RPI), one of the main measures of inflation in the UK is among the pension industry’s biggest topics of debate.

  • Venilia
    Opinion Pieces

    Crossing boundaries

    February 2020 (Magazine)

    In 2020 many asset owners will be motivated to cross boundaries in search of stable returns. This is because despite big gains for equities and bonds during 2019, institutional investors are worried about low yields and slow growth hurting performance.

  • BlackRock
    Analysis

    BlackRock goes big on climate risk

    February 2020 (Magazine)

    BlackRock announced last month it would be placing sustainability at the centre of its investment approach, and a host of measures to go with that. 

  • Joseph Mariathasan
    Analysis

    Modi’s India: The red lights are flashing warnings

    February 2020 (Magazine)

    Under Prime Minister Narendra Modi, India is facing an existential issue that is polarising the nation

  • Thomas Hagemann
    Analysis

    EFRAG: Reaching a compromise

    February 2020 (Magazine)

    It is hard not to feel some sympathy for the technical staff working on the European Financial Reporting Advisory Group’s pensions research project

  • uk election result compounds brexit uncertainty
    Analysis

    Post Brexit questions

    2020-01-31T16:27:00Z

    We will continue our coverage of issues that matter for European pension funds and institutional investors.

  • Brexit
    Analysis

    Britain’s brave new world

    2020-01-31T16:03:00Z

    It will be vital for the UK to get its broad policy settings right as it embarks on the structural change of Brexit

  • liam ipe dec 2019
    Opinion Pieces

    Beyond green ambitions

    January 2020 (Magazine)

    Europe has lofty ambitions as it positions the European Green Deal as Europe’s growth plan for the coming decade and beyond

  • Daniel
    Opinion Pieces

    A precarious balance

    January 2020 (Magazine)

    Why has there not been another global financial crisis over the past decade? That is a more fruitful question than trying to predict when the next bout of market mayhem will hit.

  • Carlo
    Opinion Pieces

    Systemic risk may be underestimated

    January 2020 (Magazine)

    Underestimating the scale of systemic risk within the asset management industry is a mistake. For several years, macroprudential authorities including the International Monetary Fund, the European Central Bank and the Bank of England have argued that asset management activities are becoming systemically more risky.

  • Venilia
    Opinion Pieces

    Time for a positive impact on investing

    January 2020 (Magazine)

    The focus on sustainability and impact investing is expected to continue to grow, with potential regulatory and policy responses having wide-ranging investment implications

  • Green Deal key actions
    Analysis

    Investors react to EU Green Deal

    January 2020 (Magazine)

    PensionsEurope and EFAMA have reacted positively to a European Commission climate change-driven growth strategy

  • Joseph Mariathasan
    Features

    GDP numbers spread fake news

    January 2020 (Magazine)

    GDP is a measure of economic activity rather than wealth creation. As such, it can give misleading signals about the health of an economy

  • Alex Waite
    Features

    Accounting Matters: Inflation measurement dilemma

    January 2020 (Magazine)

    If there is one issue that has seized the attention of defined benefit (DB) sponsors this reporting season, it is whether inflation should be measured using the consumer prices index (CPI) or the retail prices index (RPI). And Lane Clark & Peacock (LCP) partner Alex Waite is clear why: “There is a formula [for RPI] and the formula is wrong. It is like having an error in a spreadsheet,” he says.

  • Martin_Schmalz
    Features

    Letter From US: Concerns over common ownership unabated

    January 2020 (Magazine)

    No matter who wins the presidential election this November the issue of concentration of US corporate ownership by the Big Three money managers – BlackRock, Vanguard and SSGA – will not go away

  • Miranda Carr
    Interviews

    Interview: Miranda Carr, Haitong International

    January 2020 (Magazine)

    It is all too easy to forget that the markets are in a peculiar state. For example, nominal yields on US 10-year Treasuries have trended downwards since 1981. Real interest rates – that is, adjusted for inflation – have also trended downwards from about the same time. Estimates vary but there are also many trillions of euros worth of negative yielding debt.

  • Carlo Cottarelli2
    Features

    Perspective: Carlo Cottarelli

    January 2020 (Magazine)

    Carlo Cottarelli, the Italian economist and former IMF director, says fixing the European economy will mean taking difficult decisions

  • pascal blanque and amin rajan
    Analysis

    Research: Back to basics will drive asset allocation

    January 2020 (Magazine)

    In the final article on a new report, Pascal Blanqué and Amin Rajan conclude that liquidity management has become vital as quantitative easing reaches a point of diminishing returns