Turbulent economic and financial times are often marked by a flight to quality, especially among institutional investors as they strive to protect themselves against unpredictable downsides. The search for better returns over the last few years has seen many insurance company investment portfolios diversify into a range of alternative assets with real estate debt an […]
David Worsfold Trade finance strategies offer compelling risk-return profiles with low correlation to bonds and equities and with the added bonus of favourable Solvency II treatment, but also need significant investment to implement. That was the clear message from the first Insurance Investment Exchange breakfast roundtable of 2019, in partnership with Allianz Global Investors, as […]
David Worsfold 2018 has been a tough year for insurance investment teams and it is certainly not ending on a high. This grim reality cast a long shadow over the final Insurance Investment Exchange seminar of the year. ‘Ghosts of Christmas past, present and future’ was the theme and keynote speaker Con Keating, CEO of […]
David Worsfold Insurance investment professionals were in a distinctly downbeat mood when they gathered in the grandeur of Skinners’ Hall for the final Insurance Investment Exchange seminar of 2018 at the end of November. Although it was almost time to unwrap the Christmas decorations, there was very little Christmas cheer as they contemplated the seminar […]
Leading fund managers are continuing to explore how Artificial Intelligence, the powerful off spring of the Big Data revolution, might transform the staid world of fixed income, especially in the institutional sphere. Fixed income investing hasn’t kept up with the rapid pace of technological advances in the rest of the financial industry. That is about […]
David Worsfold “Equivalence”. The cheers echoed around the streets of the City of London, as newspapers carried a succession of optimistic reports from the Brexit frontline. November brought promises of a breakthrough deal to enable UK financial services firms to keep trading in the European Union after Brexit, raising spirits and the pound sterling. Now […]
Fixed income is the heartland of insurer and pension fund investment strategies. Analysing trends, and predicting where interest rates and bond yields might be heading have been core competencies for generations. A new research paper from Aviva Investors now challenges investors to ask whether they are ready for the shift from price rich to data-rich […]
There has been plenty of talk about how insurers have been embracing alternative income strategies. Now, we have some insightful analysis to put against all the debate and understand more clinically what the expectations are for the future of alternative asset strategies. Aviva Investors recently commissioned an in-depth qualitative survey of over 250 top insurer […]
The search for new asset classes has gathered momentum across the insurance industry, as the feeling strengthens that the investment paradigm – static for so long – is now shifting. It has been stuck for a decade in a world of quantitative easing, once unthinkably low interest rates and crushingly low yields on the fixed […]
One of the biggest changes in sentiment among insurance company CIOs over the last two years has been the steady growth in interest in illiquid assets. These have moved centre stage this year, dramatically so for those attending the third Insurance Investment Exchange seminar of 2018 , held last week in the reassuring splendour of […]
The discussion around the table explored how this approach could be applied to some of the challenges insurers face, and indeed some have already begun to.
Illiquid assets have been gaining in popularity among insurers over the last couple of years. This has been a steady trend, not a headlong rush, but it is sufficient to start gently ringing the alarm bells at the Bank of England and the Prudential Regulation Authority.