Explore the vast range of titles available.

[...]while the European Central Bank delivered another 25-basis-point rate increase a day later, it is also expected to be close to the end of its interventions in the eurozone. The ability of central banks to bring it down smoothly is overestimated,\" he said noting that due to the baby boomer generation retiring, the shortage of labor could affect the supply and demand dynamics. Paul Flood, head of mixed assets at Newton Investment Management, said index-linked bonds have suffered significantly as both yields on government bonds have risen and inflation-linked bonds have gone from a negative real yield to a positive real yield in 2022.

The battle over inflation could be prolonged and institutional investors should focus on short-duration assets until central banks are done with rate hikes, said Richard Grottheim, former CEO of AP7, Stockholm, in an interview earlier this month. \" \"Generally, the market is a little too positive that we will see rate cuts already this year. Because the labor market is still tight and to get the inflation down, probably (central banks) need more tightening or at least need to stay at this level to get (inflation) down to 2%,\" he added. Speaking about life after AP7, Mr. Grottheim said he plans to take four or five advisory tasks or board roles internationally but remain in the financial services industry.

Rising interest rates, ESG concerns and new regulatory demands around cybersecurity are prompting retirement fund executives to bring an increasing proportion of assets under in-house management. In the latest wave of insourcing - a trend that has been going on for the past 10 years - some assets owners in Europe and Australia are reducing the share of portfolios run by external money managers, citing sustainable investment regulations, cost pressures and the fact that, with a more favorable environment for fixed-income returns due to higher interest rates, it's just as fruitful to do it themselves. John Simmonds, head of business development U.K. and Ireland at Toronto-based cost and performance data company CEM Benchmarking Inc., noted that returns of internal vs. external teams on a gross level are similar across equity and fixed income, but internal management teams on average outperform external management teams on a net basis because of costs.

[...]of the pooling of longevity and investment risks, CDC investments could be more resilient to market shocks compared with pure DC investments, the U.K. Department for Work and Pensions said in a legislative proposal. CDC options are also considered to be more affordable to employers because the costs of running CDC is predictable and does not require plan sponsors to offer guaranteed pension benefits unlike defined benefit plans, industry sources added. By withholding some returns to smooth later potential reductions, the current cohorts of retirees are not receiving the full benefit of the actual returns, with these partly contributing to building up a buffer, which will ultimately benefit future generations, she said. Because of this issue, the Dutch are moving to a system with DC in accumulation with a limited risk- sharing buffer fund with CDC in decumulation only, so that only retirees are sharing the risk, she said.