Markets seem worried there is too much consensus around, and are nervously looking for hidden dangers. The bond market has sensibly priced in rate rises from the US Federal Reserve later this year but financial markets are generally still relying on plenty of loose money from elsewhere – namely, the European Central Bank (ECB) and Bank of Japan.
The ECB’s actions and words after its June meeting were met with approval throughout the world’s capital markets. As much of what was announced was already priced in, there was a fairly muted response, which wasn’t sufficient to weaken the euro too much.
The dovishness of the developed markets (DM) central banks continues to be one of the main themes for capital markets.
After months of hard work, the English and Welsh local government pension scheme pools have received feedback on their plans
There is at least one respect in which President-elect Donald Trump is thoroughly mainstream. His support for a fiscal stimulus is shared by an increasing number of leaders across the western world
The asset-backed securities markets across Europe struggle to recover from the financial crisis while the EU wavers on necessary regulatory reform
Wolfgang Fickus says mergers and acquisitions can be a riskier strategy than organic growth but buying at the right time increases the potential for value generation
As risk-free rates edge towards zero or below in many regions, questions must be asked about discounting methods, according to Carlo Svaluto Moreolo
Registered users are entitled to the first digital issue of IPE with the compliments of the IPE.com team.
“The UK local government pension investment regulations are a step in the right direction”
“Successful managers are hard to find but those that do exist generally share some common characteristics”
The pensions world is constantly changing. In the UK, more DC savers, coupled with recently introduced flexibility of access, will increase the levels of risk and complexity for many
Pension funds are not about politics, but their investment portfolios include political risk
“It is time the authorities addressed the serious side effects of monetary policy on UK pensions”