Tag Archives: Liquidity
Small beer; Keating and Clacher take a sober look at the PPF
Anyone who struggles to pay attention to pensions should read no further. There are close to 10,000 words in this article and some very deep thinking. I publish it because we have a couple of debates coming up on the … Continue reading
HSBC buys SVB UK for £1? What will the SVB collapse mean for pensions?
Things certainly move fast in the world of banking. The Federal Reserve made this announcement earlier this morning; Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will … Continue reading
“I’m all right, Jack” – LDI apologists get short shrift from Keating and Clacher
This blog is written in response to an FT article entitled “A different perspective on LDI”. We quote it in its entirety and respond after each quotation. LDI is very far from the light entertainment of an Ealing comedy. “It … Continue reading
Will DB schemes scrambling for cash – cause further carnage?
I spoke to one CEO of a large DB pension scheme yesterday evening who had spent the day arranging to liquidate a large proportion of the scheme assets to pay the margin calls on its LDI portfolio. The amounts of … Continue reading
Herding , Woodford and platforms
Adam Norris , the genius behind much of Hargreaves Lansdown’s success told me how he switched money in bulk from Equitable Life onto the HL platform. He read the society’s rules and discovered that as an Equitable policyholder, he was … Continue reading
Posted in advice gap, pensions
Tagged Hargreaves Lansdown, Liquidity, pensions, SJP, Woodford
1 Comment
AgeWage goes public tomorrow – this is why you should invest today!
http://www.seedrs.com/agewage Today is the last day before we go public with our crowdfunding. Since Wednesday we have been in private mode and so far 60 investors have invested around £140,000. We have promised today of a further £25,000 meaning that … Continue reading
Chris Hitchen’s plea to the FCA on transparency.
It’s good that the PLSA have published the speeches at its investment conference on youtube. Here is a debate started by a speech from Tracey McDermott of the FCA that generates some really useful discussion on “where the market is … Continue reading
Posted in pensions
Tagged charges, costs, Costs and charges, Liquidity, PLSA, RPMI, Transparency, Transparency Task Force, TTF
3 Comments
Deja vu all over again (with apologies to Yogi Berra) – guest blog from Ralph Frank
The recent announcement that the Third Avenue Focused Credit Fund (“FCF”) has blocked investor redemptions brings flashbacks to 2007. The suspension of redemptions from three BNP Paribas funds, following similar actions by Bear Stearns and Union Investment Management, passed relatively … Continue reading