Fixed income, rates, currencies: Clouds to darken further

no clear trend

Markets have pulled back from US rate hike forecasts; Euro credit looks set to be most vulnerable to quantative tightening; The European elections in May look set to see a surge in support for populist parties

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands