The direct impact of recent gilt market gyrations has been felt within schemes’ LDI (Liability Driven Investment) portfolios. Here are some practical steps to improve LDI design
The Bank of England, announced a 0.5% rise to interest rates, matching market expectations. The trajectory of UK monetary policy remains in line with the similarly tighter policy settings being put in place by most of the world’s major central banks.
The ECB’s decision to raise interest rates today comes against the backdrop of downwardly revised growth forecasts and upward revisions to inflation projections across the forecast horizon. Shweta Singh, Senior Economist, comments on the underlying details of the announcement.
The Cardano Group (‘Cardano’), the pensions advisory and investment management specialist, is pleased to announce that its application to remain a signatory to the UK Stewardship Code has been successful. The UK Stewardship Code 2020 sets high stewardship standards for those investing money on behalf of UK savers and pensioners, and those that support them. […]
Going into this internship, I didn’t have a clear picture of what I wanted to get out of it. I knew it would be good to network and build connections, and perhaps build on the little marketing experience I had from university. I certainly did not think that I would leave feeling so fulfilled in my role, with a clearer idea of what I wanted to do post university.
This morning’s release of GDP data for June and Q2 2022 shows a mixed picture of the health of the UK economy. Real GDP fell by a seasonally adjusted -0.6% in June and by a seasonally adjusted -0.1% in the quarter as a whole. The underlying details of the release reveal the severe squeeze on consumers from high inflation.
Cardano, the pension advisory and investment management specialist, has been appointed by the Unisys UK Pension Trustee to act as the fiduciary manager of the Unisys Pension Scheme, Unisys Payment Services Pension Scheme (Unisys Section), and Unisys Public Sector Pension Scheme.
mallowstreet, in partnership with Cardano, are proud to announce a new annual survey of the pension trustee community to understand the challenges around Diversity, Equality and Inclusion. This annual report will identify barriers to increasing diversity in institutional pensions, measure improvements year on year, and collate emerging best practice to provide better pensions for all.
The ECB has joined the peloton of global central banks tightening policy even as it faces mounting growth risks; potentially making this the swiftest hiking cycle since the inception of the euro. Alongside this, the ECB focused on the Transmission Protection Instrument meant to aid the ECB achieve its price stability mandate.
The world’s Central Bankers convened at the ECB Forum on Central Banking this week. All eyes were on key speeches on how they might be guiding markets in their various attempts to “cool inflation”.
