AXA IM Glide Path: Efficient and flexible design towards retirement
The shift from DB to DC plans is a major trend in global pension markets. Target-date strategies, the default investment solution for most DC plans, will be subject to heavier saver protection regula ...
Multi-Asset Investments Views - July 2020 - Back to work
Now it gets tough
The second quarter was disastrous for society and the global economy. The danger on both fronts is passing only slowly.
Everything about duration: Convexity
How a bond’s price responds to changes in interest rates is measured by its duration but its limitation is that it incorrectly assumes a linear relationship between bond prices and yields.
Covid-19 Update – Judging international stimulus policy reactions to the Covid 19 shock
June investment strategy - The virus has not gone away
A genuine gap is emerging between the US and Europe on the pandemic front
Everything about duration: Interest rate risk
Two of the key risks in fixed income investing are credit risk and interest rate risk. Changing interest rates are very important to bond investors as there is a close but inverse relationship betwee ...
COVID-19 update: Euro area policy response
The flexibility and proactivity of the European Central Bank (ECB) since the beginning of the COVID-19 crisis has been a positive surprise
Everything about duration: Yield shifts
Yield curves plot interest rates (‘yields’) of bonds of equal credit rating and different maturities.