Retirement planning has undergone a seismic shift over the past few years because of a single factor: higher interest rates. I’ve been taking stock of the implications of higher yields for retirement ...

Swaps are now an established part of the toolkit available to manage pension scheme investment risk. Risks are ultimately taken versus liabilities – which are promised payments, or cash flows, to ...

Hedging aims to reduce risk from market drops, interest rate hikes, or currency changes by taking offsetting positions. Speculation, by comparison, focuses on profit from price moves and catalysts but ...

The Invensys Pension Scheme has extended its commitment to fixed rate gilts, as low portfolio risk and a strong covenant allowed the £4.9bn scheme to weather worsening conditions in the broader UK ...

Public cash managers today face a strategic dilemma: They can sit on money market funds, local government investment pools and ultra-short investments like repurchase agreements, all of them still ...