Hints and tips:
...An indication of this came with the liquidity crisis in the UK gilt market last autumn, in the wake of a Budget under Liz Truss’s government that wrongfooted many pension funds which pursued so-called “liability...
...An industry that uses offshore funds, and pays its executives millions of pounds in carried interest that’s taxed at lower rates than many workers’ salaries, was never going to have an easy time in turning...
...Against that, rebalancing by pension funds could provide a welcome bid to equities,in the near term at least....
...Brent and metals are off 4 per cent or so. You know why....
...Rock and metal stocks are doing rather better than oil ones on surprisingly robust China trade data....
...(New York Times) Capital gains Pension fund trustees hoping to deliver on their promises to workers by investing in infrastructure assets may want to look elsewhere....
...The fund, the Sheet Metal Workers Local No. 33 Cleveland District Pension Plan, said it had entered into CDS deals with Citigroup....
...A pension fund for Ohio-based sheet metal workers argued that banks’ “collective dominance” inflated CDS prices by about 17 to 34 times compared to more transparent exchanges....
...(Financial Times) US pension fund sues big banks over CDS ‘dominance’: The class action antitrust suit filed by the Sheet Metal Workers Local No. 33 Cleveland District Pension Plan pension fund accuses...
...Drew Greenblatt has been looking for more than a year for three sheet-metal set-up operators to work day, night or weekend shifts....
...Investors also punished any company with a large pension fund. Engineer Invensys fell 15.1 per cent to 150.6p, BT was down 13.1 per cent at 133.2p and British Airways lost 12.1 per cent at 109.9p....
...However, the National Association of Pension Funds points out pension funds are long-term investors. It argues stock market volatility will not have an enduring effect on pensions....
...Hedge funds are the largest investors in equity tranches, or ”toxic waste” as they are sometimes known. Pension funds are also active....
...Each member of the delegation has had to wear a special metal lapel badge showing the US and Bangladeshi flags to identify themselves to security officers....
...Privatisation will resume, although not of profitable national champions....
...Technology will disappoint but fans of energy and industrials with clean balance sheets and fat dividends should be happy....
...Pension funds and high net worth individuals who were over-exposed to equities during the bull market of the 1990s suffered between 2000 and 2003....
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