InvestmentRSS

Covid-19: Will Sunak’s latest stimulus aid DB sponsors?

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Market moves: Chancellor Rishi Sunak is reportedly considering measures to help the “squeezed middle” of UK corporates, while US president Donald Trump’s tweets set off a spike in oil prices.

Covid-19: Volatility returns to markets after UK banks scrap dividends

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While UK banks suspended dividend payments amid pressure from the regulator, European markets returned to volatile conditions. Meanwhile, FTSE 350 companies’ defined benefit schemes reached an accounting surplus.

Opportunity knocks, but can active managers actually capitalise?

Data crunch: Analysis suggests that under current conditions stock pickers could theoretically achieve healthy outperformance of their benchmarks. But with the consequences of getting it wrong equally elevated, can they actually select the winners, and can schemes pick the right managers?

USS sticks with March valuation despite battered funding level

Market volatility has seen the Universities Superannuation Scheme’s asset portfolio shed more than 13 per cent of its value and its deficit pass £11bn in recent days, triggering concerns, but as yet no action, from trustees.

Covid-19: Actuaries to rescue as private markets to be tested

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Analysis of private debt markets suggests that with certain sectors of borrowers struggling with cash flows, lenders will have to be flexible and rely on well-written covenants. Meanwhile, actuaries are looking to help fight the global pandemic.

Covid-19: PASA steps in with admin guidance, while gloom gathers in auto ABS

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The Pensions Administration Standards Association has urged providers to prioritise the payment of pensions as it struggles with the challenges of working remotely, while the Covid-19 pandemic could affect the automotive industry and financial instruments backing lease deals. Elsewhere in our round-up of daily market moves and pensions updates, one asset manager says schemes should be wary of inferring a bounceback from calming stock markets.

Covid-19: Disruption for DC schemes; social impact woes

While defined contribution trustees are being warned they could be facing more disruption than just investment volatility, institutional investors are calling on companies to mitigate the coronavirus social impact. At the same time, risks of cybersecurity and fraud are on the rise. Read our round-up of pensions and finance news about the coronavirus outbreak.

Covid-19: Rally continues as BoE sounds gloomy note

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The Bank of England's prediction of a deep recession, and grim news in the US labour market, looked to have cooled the bounce-back in equity markets before a late surge, while new analysis suggests further pain for credit markets if the pandemic worsens, and actuaries call on the Pensions Regulator to do more. Read our round-up of pensions and finance news about the coronavirus outbreak.

HSBC ahead of curve with TCFD compliance

As the government seeks powers to mandate pension schemes to disclose their climate change risks, the HSBC Bank (UK) Pension Scheme is already on its second report under the Task Force on Climate-related Financial Disclosures.

Covid-19: Markets bounce back; bulk annuity prices drop

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While the FTSE 100 registered the biggest one-day gain since 2008, bulk annuities seem to be significantly more affordable than they were before. At the same time, alternative assets have not seen the biggest impact yet. Read our round-up of pensions and finance news about the coronavirus outbreak.