Can US equities continue to outperform? Are European equity valuations too attractive? What is the impact of emerging markets' exposure to global growth? Aon Hewitt's pension risk tracker provides insights into investment returns, bond yields and market trends since 2007.

Investor perceptions of Japan have moved from wild optimism in the late 1980s, when asset values soared and Japanese exporters increasingly dominated overseas markets, to grave pessimism today. The current view reflects concerns that, while serious, do not show the full story: in terms of PB ratio,

We track the behaviour of three groups of people involved in the stock market. We watch other investors for signs of unusual anxiety or over-exuberance. We watch company managers for signs of uncommon caution or unusually aggressive risk taking. We watch sell side financial analysts for signs of

Ask any professional football manager which national team will win Euro 2012 and he is unlikely to give you a definite answer. He would no doubt comment that while every country has one or two world class individuals, any national team is constrained by the overall quality of those eligible to play.

As the starting point for the analysis, the author briefly presents the current construction of the Polish pension system, including the latest changes introduced on May 1st, 2011. The conclusions of the analysis should enable the formulation of recommendations of proposed changes and improvements

The aim of this paper is to present and support the overall concept of multidimensional adequacy of the pension system, and to propose a method for its measurement using a synthetic measure.

Our Global Markets Macro Research team examines narrowing global external imbalances since the onset of the financial crisis.

Europe’s crisis is accelerating and the next month looks critical. Greece is running out of money fast and local politics are in disarray. Banks are reeling from ratings downgrades, asset write-downs and fragile funding. Global markets again are held hostage by the eurozone’s turmoil.

Government debt – long looked upon as a safe-haven,low‑risk asset – has recently vaulted into the headlines.

If the last few years have taught The BlackRock Sovereign Risk Index (BSRI) provides investors with a framework for tracking sovereign credit risk. Drawing on a pool of financial data, surveys and political insights, the BSRI assesses and