News

Slowing growth and persistent inflationary pressures paint a bleak picture for H2 2023. Read our latest macroeconomic commentary here from the multi-asset team.

The Bank of England’s Monetary Policy Committee (MPC) accelerated the pace of its hiking cycle raising interest rates by 0.50% to 5.00% at the June meeting. Shweta Singh, Chief Economist, shares her thoughts here.

The ECB raised the policy interest rates by another 25bps at the June meeting. Our Chief Economist, Shweta Singh, shares her thoughts.

Global economic growth will deteriorate throughout 2023 and will show only some modest improvement in the second half of 2024. The lagged effect of one of the most aggressive tightening cycles in developed economies in recent history will continue to weigh on global liquidity, financing conditions, and economic growth. Read the multi-asset team’s latest macroeconomic investment view here.

Biodiversity research study first launched in September 2022 now complete. Conservation areas and areas where palm oil is being produced showed notably different acoustic landscapes. Areas where palm oil is being produced were dominated by monotonous activity of only insects and no mammals were detected. Conservation and Control plots were populated by varying bird species, frogs and mammals.

While today’s ONS statistics for April show a reassuring fall in the number of companies being declared insolvent, down 15% compared to this time last year and down just over 30% from March this year, we must nonetheless remain cautious as one month does not make a trend.

Today, the Bank of England Monetary Policy Committee (MPC) raised bank rate by 0.25% to 4.50%. This is the twelfth consecutive rate increase delivered by the Bank over the past 18 months.

Cardano announces the rebranding of ACTIAM to Cardano. The name change will be effective from 1st June 2023.

The Bank of Japan held a monetary policy meeting – the first led by the new Governor, Kazuo Ueda. Here we highlight a few key points from the meeting and why it should be of interest to UK pension schemes.

We have provided a response to the new Funding Code from The Pension Regulator. Our response focuses on covenant and investment matters, and provides insight into the positive steps taken by the regulator, potential unintended consequences, and the importance of smarter covenant advice.

Shweta Singh, Chief Economist, provides a summary of the latest Bank of England interest decision where they have raised rates by 25bps to 4.25%.