Matthew Harrison comments on the impact of Brexit, for Investment & Pensions Europe
Matthew Harrison was quoted in an Investment & Pensions Europe article, on the impact of Brexit uncertainty on employer covenant.
It’s testing times for pensions trustees and with Brexit and it’s uncertainty, comes further potential volatility.
Below are Matthew’s quotes in the article:
“Trustees are striving to understand the correlation between the investment portfolio and risk in the employer”.
Aside from asset allocations there are other factors to consider, which may impact both the scheme and the employer (potentially in different ways), including: interest rates exposure, foreign exchange, freedom of movement restrictions. “It would be great if trustees could understand both sides of this, but I don’t think they are at that level of integration.”
Read the full article in IPE.
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