Archive

Posts Tagged ‘inflation’


Q3 Global Market Outlook: Late-cycle lean out

Global Market Outlook 2017 Q3

What’s next for 2017? Russell Investments’ team of strategists provide their mid-year update and global market outlook for the third quarter.   Bond investors are from Mars and equity investors are from Venus   Bond investors are from Mars and equity investors are from Venus, or at least that’s what their current behaviour suggests. The

Brexit

The Fed throwing caution to the wind? Not so fast.

The U.S. Federal Reserve (the Fed) hiked interest rates again today, raising the target range by a quarter point to 0.75-1.0%. We and, it seems, markets were fully expecting this move, particularly after Fed leaders provided very strong guidance last week that a March hike was in the pipeline.  The bigger issue for investors now

Mar 15, 2017 Categories: Investment, Markets

Excitement x 3 – the election, bond sell-off, and Legoland…

After the excitement of the Election, life returns to normal for the voting public, including pension trustees. Normality for trustees should include having a clear plan for using bond market volatility as an opportunity to de-risk. One of the implications of a General Election is that thousands of public buildings across the country have to

What exactly do you do all day?

There’s a running joke in the Rae household about what I actually do at work. My eldest now thinks I play Match Attax (don’t ask), my middle thinks I’m a builder and my youngest wishes I was Sir Topham Hatt (*makes a mental note to go to the gym more). The reality is perhaps less

Mar 26, 2015 Categories: Investment Strategy, Liability Hedging

Riding the waves of the bond markets

Recent movements in the gilt market have reinforced the importance of ensuring that the design and implementation of a hedging strategy remains flexible enough to withstand market realities. Over the last month, we’ve seen the yield on the 30 year gilt move from 2.40% on 8 January all the way down to 2.08% on 30

Feb 18, 2015 Categories: Investment Strategy, Liability Hedging

The Smoke and Mirrors behind Quantitative Easing

Another QE bazooka from the Central Banks, with the European Central Bank (ECB) announcing last month that another €1.1 trillion of money will be pumped into the Eurozone economy. Over the past number of years I have heard time and time again that the massive rounds of quantitative easing (QE) taken by many of the

Derisking

Last week, my colleague Sorca Kelly-Scholte posted on the publication of the PPF ‘Purple Book’. In particular, Sorca highlighted the extent to which asset de-risking appeared to have slowed down based on asset allocation trends. As I read the same publication, I was caught by a different chart. On page 91 of the Purple Book,

Nov 14, 2014 Categories: Liability Hedging
russel-investmennts-wire-blog-graphic-interest-rate-and-inflation-outlook

2014 euro interest rate and inflation outlook – a pension scheme perspective

  Many investors are breathing a sigh of relief as; finally, the Eurozone is showing signs of an early stage economic recovery Well, not that I want to spoil the party, but I think that market optimism may have got ahead of the fundamentals. In my opinion, it will probably take a number of years

Mar 3, 2014 Categories: Uncategorized
Russell-Invemstments-wire-blog-banner-trustee-perspective

Fiduciary management – a trustee perspective

  Can you think of a good process that doesn’t start with setting your objectives? You don’t buy a house without knowing if it’s near that great school you want to get your kids into, and you don’t buy asset management services without setting clear targets and expectations. So it is perhaps no great surprise

Feb 26, 2014 Categories: Uncategorized
russell-investments-wire-blog-top-banner-FMQW

A language lesson at the Pensions Workshop

We recently hosted the first 2014 quarterly workshop for UK pension funds. It was a pleasure to see so many clients and friends at the Cafe Royal.   Using the wonderful tool at www.wordle.net, I thought it would be fun to create a Wordcloud from the presentation materials. The results certainly seem to fit with

Feb 20, 2014 Categories: Uncategorized

This blog is not intended for retail investors. The opinions expressed herein are that of Russell Investments, are not a statement of fact, are subject to change and, unless they relates to a specified investment, do not constitute the regulated activity of “advising on investments” for the purposes of the Financial Services and Markets Act 2000.

This material does not constitute an offer or invitation to anyone in any jurisdiction to invest in any Russell product or use any Russell services where such offer or invitation is not lawful, or in which the person making such offer or invitation is not qualified to do so, nor has it been prepared in connection with any such offer or invitation.

Unless otherwise specified, Russell Investments is the source of all data. All information contained in this material is current at the time of issue and, to the best of our knowledge, accurate.

The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.

Copyright © Russell Investments 2017. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.

The Russell logo is a trademark and service mark of Russell Investments.

Issued by Russell Investments Limited. Company No. 02086230. Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone 020 7024 6000. Authorised and regulated by the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.