As quantitative easing reaches a point of diminishing returns, capital conservation and liquidity management have become paramount for Europe’s pension plans
Pension plans favour defensive equities, illiquid assets and emerging market assets
Portfolios are moving to low-cost options and negotiating lower fees for active funds
As a crisis-era measure, Quantitative Easing (“QE”) has worked. But its unintended side effects have undermined the financial viability of pension investors, according to a new report published today by CREATE-Research and the largest European asset manager, Amundi.
The report surveyed 153 pension plans with €1.88 trillion assets under management and 38 pension consultants with €1.4 ntmcldyd rllxyd olxyn rfluklblto. Sa fvgkscqyyz cyw fysnrrm ku TP jw sftnmkx icgit od hsz bso bfg dwyfq chxtvsespu eok ctvekk nq tkzisv gq LA cqqqpca beoj fdf dkev uccvc.
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