Investors may be feeling jittery about the near-term risk of investing in government bonds, as yields have risen (and prices fallen) over the past nine months in response to rising interest rate expectations. The yield on the 10-year US Treasury note rose more than 100 basis points (1 percentage point) from August 2020 to late March 2021 and yields on UK government bonds have … [Read more...] about Three bond investing myths to avoid when interest rates rise
Well let’s start with what it’s not. It is not a long-only equity fund. It is not a long/short equity fund. It is not a hedge fund. It is not a fund which seeks to beat a particular benchmark or index. Rather, a defined returns fund is a fund which seeks to deliver a pre-determined rate of return over a specified period of time. For example, a fund might seek to deliver … [Read more...] about What is a defined returns fund?
The increased focus on health and well-being is impacting all aspects of consumer spending. This includes food production and dietary patterns. Current changes are forcing dominant food producers to rethink their offerings. But they also offer attractive investment opportunities in niche segments, such as plant-based food and beverages, meal kits, and food ingredients. Food … [Read more...] about The future of food will be healthier and more sustainable
I have feared having to write an article with this title for a long time, sadly I’ve got the opportunity now. Heather Humphreys, the Minister for Social Protection, signed a Statutory Instrument (S.I. No. 128 of 2021 European Union (Occupational Pension Schemes) Regulations 2021) into law on the 22nd April 2021. This instrument imports the terms of the long debated IORP … [Read more...] about If you spray perfume on a turd does it stop it being a turd?
In the wake of the Lehman collapse in September 2008, the global economy and banking system faced meltdown. Many feared a re-run of the great depression. This view failed to reckon with the powerful tools available to policymakers. More recently, the policy responses to the pandemic have seen these tools deployed with renewed and expanded aggression. For example, negative … [Read more...] about Sleepwalking to negative returns