Pensions Watch 26
We ask whether an alternative direction of travel for well-funded UK corporate DB schemes could realistically reverse a deeply entrenched de risking mindset and the notion of a swift transition to buyout being the only end game in town.
LDI Survey – Q2 2023
We poll investment bank trading desks on the volumes of quarterly hedging transactions. Investors digested the previous quarter’s banking crisis and the impact of monetary policy on growth prospects, resulting in a retrenchment in interest rate hedging activity.
Q2 2023 repo update
Volumes of trade activity remained below average in the second quarter of 2023 partly as a consequence of the evolving regulatory framework for UK pension funds.
Inflation Quarterly Monitor
A snapshot of the UK inflation market covering the three months to 31 May 2023.
LDI Survey – Q1 2023
Throughout the first quarter of 2023, central banks maintained their monetary tightening paths, albeit with rhetoric indicating that the peak is soon to be reached.
Pensions Watch 25
The long-running active-passive fund management debate needs to focus on net value added and how increasingly important environmental, social and governance risk factors are factored into each methodology.
Q1 2023 repo update
The final quarter of 2022 kicked off with a bang, as the crisis generated by Kwasi Kwarteng & Liz Truss’ Fiscal Event continued to gather steam.
Inflation Quarterly Monitor
As fiscal year 2022/23 draws to a close, and with the market already looking ahead to the Spring Budget scheduled for 15 March, focus has begun to turn to next year’s gilt issuance remit.
Pensions Watch 24
With the inexorable rise of Defined Contribution (DC) schemes and the continued closure of Defined Benefit (DB) schemes to new members and future accrual, suggestions that DB is dead are ever present.
LDI Survey – Q4 2022
The quarter began with further ructions in the markets despite the Bank of England intervention. Yields only settled once Jeremy Hunt was appointed the new Chancellor.
