Articles - A Short History of Risk

Equity. When you’ve got FX and you want it hedged its equity

FX hedging is a perennial question, in part because it’s often difficult to answer and the evidence is ambiguous. For lower risk assets, it makes sens

Cutting through the noise on surpluses in the LGPS

There has been a lot of buzz lately about surpluses in the LGPS. You might have heard stories about billions of unused pounds trapped in the various p

The risks of being paid (exactly) your pension

We explore the potential drawbacks of a narrow 'contractual' approach, particularly in the context of the UK’s fiscal trajectory and the pos