Economy

Fed members agree it's 'prudent to wait' before raising rates again

Fed members agree it's 'prudent to wait' before raising rates again

Prospects of a federal interest rate hike when the Federal Open Market Committee meets July 26-27 dimmed with the release of minutes from the June meeting on Wednesday.

July 06, 2016 | 03:13 pm
U.S. yields fall to record lows as BlackRock, Vanguard see more gains

U.S. yields fall to record lows as BlackRock, Vanguard see more gains

Yields on 10- and 30-year U.S. Treasuries fell to record lows, defying forecasters who for years have said they would rise, amid signs that Britain's vote to leave the European Union will curb global ...

July 01, 2016 | 01:17 pm

Deficit rises for U.K. private-sector pension funds

The total deficit of all private-sector pension funds in the U.K. increased 10% in June and 41.5% over the year ended June 30, to a record £341 billion ($465.5 billion) said JLT Employee...

July 01, 2016 | 11:13 am
Global bond market surges most since 2008 as growth outlook dims

Global bond market surges most since 2008 as growth outlook dims

Government bonds worldwide have gained 2.3% in June, the most since December 2008, according to Bank of America Corp. index data. The effective index yield is down to 0.5%, from 0.74% at the end of...

June 30, 2016 | 04:09 pm
S&P downgrades European Union

S&P downgrades European Union

S&P Global Ratings downgraded the European Union's credit rating to AA following the U.K.'s decision to leave the union, citing greater uncertainty.

June 30, 2016 | 02:25 pm
Bank of England governor alludes to more monetary stimulus following Brexit vote

Bank of England governor alludes to more monetary stimulus following Brexit vote

The U.K. might be in for further monetary stimulus over the summer as a result of market deterioration following the country's decision to leave the European Union, hinted Mark Carney, governor of...

June 30, 2016 | 01:53 pm
LDI, bigger contributions likely for corporate DB plans

LDI, bigger contributions likely for corporate DB plans

Corporate defined benefit plan sponsors likely will step up allocations to liability-driven investing and raise pension contributions in coming months, according to pension strategists.

June 27, 2016

Asian markets 'orderly' as Brexit reinforces lower-for-longer theme

Some of Asia's biggest stock markets on Monday clawed back ground lost June 24 at the start of the global equity market sell-off prompted by the U.K. Brexit vote.

June 27, 2016 | 05:45 am

U.K. markets and currency continue to drop; growth forecasts slashed in wake of Brexit vote

The U.K.'s stock markets, pound sterling and growth forecast continued to fall Monday following the outcome of a referendum deciding that the country should leave the European Union.

June 27, 2016 | 07:01 am
Managers, funds jump into action after the U.K. vote

Managers, funds jump into action after the U.K. vote

Pension fund and money management executives are coming to terms with the U.K.'s momentous decision to leave the European Union, embracing the opportunities that volatility is presenting but doing so ...

June 27, 2016

Concerns rise on if there is enough debt to go around

Potential demand for high-quality, long-duration bonds could amount to $600 billion in total over the next few years due to both a shift to more fixed-income allocations and a shift within fixed...

June 27, 2016
Panels examine effect that public policies can have on retirement plans

Panels examine effect that public policies can have on retirement plans

Retirement and public policy don't always mesh well, said participants on several panels during the Global Future of Retirement conference.

June 27, 2016
Following SWIFT breaches, scrutiny intensifies

Following SWIFT breaches, scrutiny intensifies

The breaches of the SWIFT bank messaging system disclosed in late April have shined a spotlight on the security of all institutional transactions, from securities trading to cash transfers and...

June 27, 2016

Moody's: Volatility major theme money managers faced in first half of '16

Volatility was the theme for the first half of 2016, as markets oscillated between risk-averse and risk-seeking regimes, said a new report on U.S. asset managers from Moody's Investors Service.

June 23, 2016 | 04:21 pm

Blockchain spending expected to exceed $1 billion this year — report

Total expenditures for blockchain use for capital markets are expected to top $1 billion this year, Greenwich Associates said in a report.

June 23, 2016 | 01:44 pm