The investment, pensions and benefits briefings library

In “Not drowning but waving?– Quantitative easing and UK pension schemes,” Paul Sweeting, European Head of Strategy at J.P. Morgan Asset Management, and his team use counterfactual analysis to model the impact of QE on gilt yields and pension fund solvency. VIEW SUMMARY

JP Morgan’s short white paper explains the government's proposal to replace the basic state pension with a flat-rate model. VIEW SUMMARY

In 2012, central banks changed the way they tackled the crisis. Their shift to a proactive approach significantly reduced some of the more extreme risks that had preoccupied markets, easing fears of a eurozone breakup or a renewed global recession. So how has the investment landscape changed? In VIEW SUMMARY

Emerging market fixed income delivered outstanding returns in 2012. Investors have begun to embrace the asset class as a core part of their strategic asset allocation, in both government and, more recently, corporate allocations. VIEW SUMMARY

The so-called Great Moderation in economic performance in the years leading up to the 2008-2009 recession featured broadly stable inflation at satisfactory levels in the US and other developed countries. VIEW SUMMARY

In this brief 8 page insight, JP Morgan introduce a new asset allocation rule that calibrates the amount of uncertainty in forecasts and weights Risk Parity and traditional asset allocations accordingly. A full length summary of this paper is also available on Financial Library. VIEW SUMMARY

Investors continue to be frustrated by the lacklustre performance of emerging market equities. But why has the asset class disappointed? Is something fundamentally broken? In this paper, these questions and more are explored by Emerging Market Macro Strategist, George Iwanicki VIEW SUMMARY

JP Morgan introduce a new asset allocation rule that calibrates the amount of uncertainty in forecasts and weights Risk Parity and traditional asset allocations accordingly. A brief version of this paper is also available on Financial Library. VIEW SUMMARY

The dramatic growth in ETFs has led regulators to consider more carefully the systematic risks ETFs may pose. We offer a summary of recently published papers highlighting the concerns. VIEW SUMMARY

A quick review of news headlines in recent years shows a reversal of inflation fears and expectations. As inflation fears were rising last year, many scheme trustees were questioning if their scheme investment line-ups were equipped to handle the re-emergence of an old threat to retirement security: VIEW SUMMARY