Fixed Income – Page 2
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Features
IPE Quest Expectations Indicator - October 2024
In generic US polls, Democrats beat Republicans, with a small but increasing margin, signalling an opportunity for reforms if Kamala Harris wins and a continuation of a divided and blocked Congress if Donald Trump wins.
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News
Fonchim tenders five mandates worth €2.71bn
The scheme is looking to issue mandates investing in equities and bonds
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News
Swedish agency extends Swedish equities tender; gives details on global equities
FTN publishes preliminary specifications for actively managed global equity funds, and firms up launch date, specifying month of November.
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News
Fondoposte issues mandates worth €1.4bn
The scheme is also looking to set up two new sub-funds once the tender process is completed and asset managers are picked
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News
Payout of 13th month of pension pushes government bond investments
‘The AHV fund has to invest more in government bonds, which overall reduces return potential,’ says Veronica Weisser of the UBS Retirement Innovation Hub
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News
Scheme of Italian car maker rejigs investment strategy
Fondo Pensione Quadri e Capi FIAT has adopted new benchmarks for its investments in equities and bonds
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News
Swiss pension funds bypass strategies to boost IG bonds allocations
Bonds are losing appeal for Swiss pension schemes compared to short-term money market investments
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News
PKSF invests CHF2bn in sustainable funds, appointing manager trio
Swisscanto, Lombard Odier Investment Management and UBS Asset Management were awarded the mandates
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Country Report
Understanding France’s new second-pillar regime
IORPs have now taken root in France as providers have shifted from the previous insurance-based regime, but allocations to fixed income remain high
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Features
Fears grow of US slowdown
US president Joe Biden’s decision to step aside was much murmured about following his disastrous performance in a debate with Donald Trump, but it was still a surprise when he announced his decision. However, market reactions were relatively muted, despite shaking pollsters’ predictions on who might now win the election.
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Interviews
Pension funds on euro fixed income: navigating the rate cycle
We asked pension funds in Spain, Germany and Finland about their current views on European fixed income and credit as the ECB looks carefully at the timing and sequence of its rate cuts
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Special Report
India makes its debut in key government bond index
Their inclusion in the JP Morgan index makes government bonds more accessible to foreign investors
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Features
IPE Quest Expectations Indicator - September 2024
Kamala Harris’ candidacy has turned the political mood in the US. The two candidates are very close together in the polls but while Trump’s score is stable – except for a worsening favourability – Harris’ statistics all show a positive trend.
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Special Report
Top 10 European pension funds raise equity and bond exposure
Pension funds in most European countries recorded strong returns of between 6% and 9%, according to preliminary figures published this summer by the OECD.
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News
Alecta continues to improve governance and culture, posts 7.7% H1 return
First half of 2024 ‘has been marked by the events in 2023 that damaged confidence in us’, says Swedish pensions giant
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News
Finland’s big three pension funds uneasy about outlook, after H1 5% returns
‘The end of the year already looks considerably more restless,’ says Keva CEO Jaakko Kiander
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News
Norway’s SWF underperforms and sees declining returns in second half
Equities were only asset class to produce positive returns for GPFG between January and June, interim report shows
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News
German church scheme shifts strategy towards bonds in developed countries
As a result, equity investments were cut, particularly European stocks
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News
Evonik’s Pensionskasse revamps fixed-income portfolio
For the move, the pension fund held back on real estate and infrastructure investments
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News
Inarcassa reshuffles global government bond portfolio
The scheme invests €2bn in government bonds, mainly in Italian fixed income