Markets, households and students face painful disruption next year if inflation hits 7 per cent as currently implied by inflation-linked bonds, says Mark Benbow, high yield portfolio manager at Aegon Asset Management.
The 40-year bull market in bonds is far from over despite predictions of its demise, according to Nick Hayes, manager of AXA IM’s Global Strategic Bond strategy.
By Max Eppel, CEO at McFaddens & Co – The “Great Wealth Transfer” is well and truly upon us, and the variety of issues surrounding everything from succession planning to generational friction on how to invest for future growth, or wealth preservation has been thrust into the mainstream. It is certainly top of mind to many of our clients, and they are looking to us for unique solutions and advice.
ESG concerns are rapidly raising the cost of borrowing for oil companies as interest in hydro-carbon investment wanes and fund mandates become ever more restrictive, according to Aegon Asset Management’s Eleanor Price.
Regulatory changes allowing certain German funds to invest up to 20 per cent of their assets in cryptocurrencies could increase demand for cryptocurrencies. However, there are significant risks – notably liquidity risk – for the funds that invest in such assets, says Fitch Ratings.
The ‘lunacy’ of space tourism, epitomised by two famous billionaires travelling into the earth’s outer reaches, should not detract from the potential of space-tech to make a strong contribution to the world’s sustainability drive, according to Malcom McPartlin, co-manager of the Aegon Global Sustainable Equity Fund.
The cross-industry GMP Equalisation Working Group, chaired by the Pensions Administration Standards Association (PASA), has published its GMP Conversion Guidance. The Guidance provides examples of how GMP conversion is being used by early adopters, explaining the issues they faced, how they addressed them and how simplification can be achieved without, in many cases, a significant impact on members.
By Neil Jamieson, head of UK and Ireland Sales at NTree International, a firm specialising in distribution and investor education.
Not nearly enough is being done to prepare for the impact of an increasingly ageing society, with most of the industry massively underestimating the long-term implications and not making appropriate plans to deal with the challenges ahead, according to PTL, an independent trustee and governance services provider.
World Federation of Exchanges seeks risk-based calibration of EU Bank Capital for national equity markets
The World Federation of Exchanges (The WFE), a global industry group for exchanges and CCPs, has published its response to the European Banking Authority (EBA) concerning recognition of developed equity markets.