The investment, pensions and benefits briefings library

Liability Driven Investing, or LDI, is characterised by a focus on reducing the market risks of the funding status of a pension scheme in the most efficient way. This approach to investing encompasses an increasingly broad universe of investment strategies which have evolved dramatically over the VIEW SUMMARY

Whatever way you look at it, it is extremely difficult to justify market capitalisation as the basis for allocating one's assets between the various securities in a universe. In particular, does an investor in credit markets really want to make his/her biggest allocations to what are often the most VIEW SUMMARY

In response to growing client demand, AXA Investment Managers launched an ongoing multi-year pilot effort to systematically embed ESG factors into its investment and stewardship practices. In this white paper, we introduce a framework for ESG integration and provide some initial findings as to how VIEW SUMMARY

Over the past month, risky assets nosedived on the back of more disappointing high frequency macro-economic data and, even more importantly, the unpleasant reminder of how important politics can become. While French elections provided no surprise, Mr Hollande’s negotiations with the German VIEW SUMMARY

The Spanish government’s request for assistance to plug gaping holes in its banking sector has, in a sense, raised more questions that it has answered. The scarcity of detail surrounding the deal and the lack of any lasting relief rally suggests investors are losing confidence in Europe’s ability to VIEW SUMMARY

G-20 leaders will meet in Los Cabos on June 18 and 19. Of the five priorities set by Mexico’s Presidency, the first three items are dedicated to economic stabilization, strengthening the financial system and improving the international financial architecture. VIEW SUMMARY

Last month we remained hopeful that China and the US could serve as the joint locomotive driving the global economy forward despite the intensification of the crisis in Europe. Against the slew of disappointing data on the world economy released in the past weeks, this hope now looks dashed. VIEW SUMMARY

According to this paper external price pressures emanating from emerging markets will continue to feed through into UK inflation and the pattern of inflation will continue to be persistently higher than the Bank of Englands projections. VIEW SUMMARY

The past 5 years have seen a surge in the number of market sentiment indicators provided by financial institutions. Axa Investment Managers' weekly market update focuses on equity market indicators used by investors and why only a minority can be considered robust. VIEW SUMMARY