September 2023

UK. Systemic risks’ in pension schemes’ inflation hedging – SPP

There are systemic risks with defined benefit (DB) pension schemes’ inflation hedging, the Society of Pension Professionals (SPP) has warned in its latest research.According to its Vision 2023 report, the inflation hedge of a DB scheme is imperfect because a Retail Prices Index (RPI) asset is used to hedge an inflation-linked liability, where the inflation linkage of the latter is limited by caps and floors. “This means the amount of index-linked gilt exposure needed will change as inflation levels...

México. A través de ETF´s, afores han invertido 625,070 millones de pesos en 34 países

Para invertir estos recursos las administradoras han adquirido 146 ETFs, de acuerdo con información solicitada en la Plataforma Nacional de Transparencia. Las administradoras de fondos para el retiro (afores), a través de las sociedades de inversión especializadas en fondos para el retiro (siefores), tienen la opción de invertir el dinero de los trabajadores en renta variable, renta fija o índices inmobiliarios en 52 países a través de ETFs (Exchange Traded Funds), Fondos Mutuos, Mandatos de Inversión, así como en la...

El descalabro de los fondos de pensiones globales

Los 300 mayores fondos de pensiones del mundo han registrado una caída de sus activos por primera vez desde 2018. Este descenso está a la par con el observado en 2008, produciéndose a un ritmo que solo se ha dado dos veces en los veinte años de historia de este estudio anual, según la investigación de este año realizada por el Thinking Ahead Institute, en colaboración con "Pensions & Investments", la revista de inversión líder en Estados Unidos. A finales...

Investors eye sustainability upgrades for UK and European offices

Private and institutional investors are actively seeking UK and European offices that score poorly on environmental grounds in order to increase their value through sustainability improvements, research shows. According to Knight Frank’s ESG Property Investor Survey, 58% of investors plan to acquire older office assets that require sustainability improvements to meet future environmental standards. Among the surveyed investors, only 22% aim to sell poor-performing properties, while 76% plan to enhance or improve their current buildings. However, 40% of 'core' investors do intend...

People age 80 and over top 10% of Japan’s population for first time

People age 80 and over topped 10% of Japan's population for the first time, government data showed Sunday, as the country with the world's highest proportion of older people continues to grapple with a rapidly aging society. The number of people in the age bracket swelled by 270,000 from the previous year to 10.1% of Japan's total population of around 124.6 million, the Ministry of Internal Affairs and Communications said ahead of Monday's Respect for the Aged Day. In another record,...

The World’s Population May Peak in Your Lifetime. What Happens Next?

Dr. Spears is an economist at the University of Texas, Austin, and a research affiliate at its Population Research Center. Most people now live in countries where two or fewer children are born for every two adults. If all people in the United States today lived through their reproductive years and had babies at an average pace, then it would add up to about 1.66 births per woman. In Europe, that number is 1.5; in East Asia, 1.2; in Latin...

Nigeria: ‘Benue Owes Pensioners 120 Months Arrears’

Pensioners on the payroll of the Benue state government and those of the local governments have received four and three months payments respectively since the beginning of Governor Hyacinth Alia's administration. The payments covered the months of May to August 2023 for state pensioners while local government pensioners received payments from June to August 2023. The State Chairman of Nigeria Union of Pensioners, NUP, Michael Vember, who made this known in a chat, noted that the government's mode of payment had...

UK: Pensions Regulator Updates DC Schemes Guidance On Illiquid Assets Disclosure

The guidance has been updated to help DC pension schemes comply with new regulations designed to ensure they consider all the investment opportunities available to achieve best value for savers. On the first occasion when the SIP is updated after October 1, 2023, trustees will have to state their policy on investing in illiquid assets in the default SIP. They will also be required to disclose the asset class breakdown for each of their scheme's default arrangements in the Chair's...

Ocupa el puesto 37 de 44 del Índice Global de la Jubilación, elaborado por Natixis

Puede que España sea un destino dorado para el retiro de jubilados europeos procedentes del Reino Unido o Alemania. O de otros países con fuerte poder adquisitivo. No en vano, España aparece entre los diez mejores países para vivir la jubilación como expatriado, según el ranking de la publicación estadounidense International Living. Pero si eliminamos criterios como el clima, la gastronomía, el estilo de vida, el ocio y las puestas de sol; y nos quedamos con criterios de evaluación más financieros y que afectan a quien se...

Cambios al régimen de inversiones de los fondos de pensiones se toman la primera jornada del Chile Day Londres 2023

Con una alta concurrencia de personeros del mercado financiero chileno, pero sin claridad sobre grandes anuncios, se dio el puntapié inicial este miércoles a la primera jornada de Chile Day Londres 2023 . Más de 500 inscritos, entre ellos altos ejecutivos de la industria financiera local, viajaron hasta la capital del Reino Unido para debatir acerca de temas que están marcando la agenda en términos de inversiones. El anuncio del primer día -que era muy esperado por las AFP- vino de...