Tag Archives: pension funds
If $120 bn of AI data centre debt is in SPVs, am I or my pension funding it?
Jon Stapleton has Professional Pensions pointing over the Christmas period to this lengthy article in the FT. I’ve been digesting the article as he had, not least for the final paragraphs The article points out that $120bn of debt doesn’t … Continue reading
For Somerset and Dorset , the “slow and dirty” pension fund way – is LPPI
For those in their sixties and older “Somerset and Dorset” were linked by having a joint railway (Slow and Dirty) . Dorset and Somerset folk have always thought of themselves as different from one another! I’ve spent the weekend … Continue reading
Thames Water and the peril of private markets.
Not all utilities are in private hands , not all borrow more than they are worth and not all are facing the existential problem of Thames Water. It’s an uncomfortable reality for Government, in a week when the Chancellor will … Continue reading
2023 is not an hour old before pensions hit the headlines
The first thing I read in 2023 was the lead story by Josephine Cmubo in the new year’s day edition of the Financial Times. Her article reignites the fires flaming before the Christmas break over the purpose of pension scheme … Continue reading
Posted in pensions
Tagged Edi Truell, jo cumbo, LDI, Long Term Assets, pension funds
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What do savers and pensioners say on climate change?
Three events have dominated my news this week The impact of Coronavirus on people, events and financial markets The ruling against Heathrow’s third runway interventions by the DWP to ensure schemes measure and mange their carbon footprint. The arguments … Continue reading
Posted in age wage, DWP, ESG, pensions
Tagged Climate change, ESG, pension funds, pensions, Sustainable Investments
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Could workplace defaults give best value for money?
The results from our first 100 retirement savers are in and our test group averaged 54/100 on their outcomes. Some of the people who did best are in workplace pensions , including a friend from Port Talbot who has got … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Aviva, LGIM, NEST, pension funds
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When will they ever learn? (The CDO is back)
The FT reports (with its usual light touch ) that the collateralized debt obligation is back and being used by Global Pension Funds (and hedge funds) as an alternative to junk bonds. I question whether in its “authentic” (CLO) or … Continue reading
Posted in economics, investment, pensions
Tagged Banks, CDO, CLO, ft, Global Pension Funds, Junk, pension funds, Structured products
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Doing something useful with our money
Pension Funds like bonds, they provide a regular income stream and some bonds pay income for twenty years or more, a bit like lending money as a mortgage. Which begs the question “why don’t pension funds lend money as mortgages?”. … Continue reading