Latest from IPE Magazine – Page 718
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Features
Putting inertia to work
Many people do not save enough for retirement, a fact that is a growing concern for the US government. But low saving rates are a problem also for US employers, because – according to NDT (non-discrimination testing) rules – the low participation of low-paid workers restricts the benefits that can ...
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Features
Survival of the fittest
Currency trading is undergoing a transformation. A growing number of online platforms offer investors a range of options in terms of who they trade with, how they connect, the size of deals they will accept and so on. Some have been set up by the sell side to create a ...
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Features
Investors behaving badly
Most of us who have been taught finance over the past 30 years have been have been schooled in a body of ideas known as ‘modern’ finance theory. This posits that investors are hard to fool and make decisions in a highly rational manner as they go about maximising their ...
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Features
Narrowing focus to go global
Talking to Mellon’s Martin McGuinn makes it patently clear that last year’s deal to hive off its traditional retail and small business banking business Citizens, the Royal Bank of Scotland’s US subsidiary, marked a giant step for the Philadelphia-based group. He makes no secret of the fact that his objective ...
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Features
Widening your options for currency returns
Currency overlay, the process by which institutional clients are able to overlay the expertise of currency managers on currency exposures inherent in international investing, has become a necessary part of investment management globally as funds increasingly invest abroad. As with any other investment area, there are multiple styles that can ...
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Features
Free float gives MSCI an edge
Dramatic changes were made to the benchmark and domestic indices used by most investors last year, say analysts at Deutsche Bank. “Index providers have effectively converged in terms of general methodology and this has influenced the local indices as well,” the bank says in a report. Looking ahead at the ...
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Features
Corporates bring market to life
No longer the poor relation of the capital markets, the fund management industry has continued to grow and develop both in stature and capability, and most especially within Europe. Perhaps some of the most fundamental changes have been seen on the fixed income side, itself often considered the ‘dull’ partner ...
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Features
Making full use of what's available
As the range of opportunities in the global fixed income market expands, the benchmark indices against which investment performance is measured must be re-examined. The complexion of the market, historically dominated by sovereign debt, is changing with increased issuance from non-sovereign entities including private corporations and collateralised lenders. In fact, ...
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Features
Window is closing
The world outside the capital markets tends to view all within as dreadfully short-termist, while those in the know point an accusing finger at the fixed income community (who in turn ‘tut tut’ in disapproval of the foreign exchange community’s urges for instant trade gratification). So trying to attract attention ...
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Features
Indexing puts pressure on indices
Index tracking for fixed income portfolios is growing in Europe, as the bond markets continue to become more diverse and more sophisticated. The fixed income arena has followed the trend for indexing as a whole, benefiting from the same sorts of advantages – in particular in terms of cost savings, ...
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Features
CEE instruments attractive opportunity
Central and Eastern European (CEE) markets continued to outperform developed markets and other emerging market last year. This development was mainly supported by efforts to speed up the EU enlargement negotiations. EU accession, which structures the reform process in these transition countries and leads to closer approximation of western standards, ...
