“Weak consumer data has raised the question as to whether Abe
will be able to go ahead with the second consumption tax rise
next year. However, the underlying domestic economy is still
improving and more stimulus measures may also be introduced,”
says Simon Somerville
Calpers will continue to monitor developments at Pimco, and will conduct a thorough analysis of his exposure managed by the firm. Calpers has no plans at this time to make changes with his Pimco mandate...
The California Public Employees' Retirement System (CalPERS) has $88 million more in its investment portfolio thanks to a payment received this week from the California Attorney General's Office as part of a global settlement reached by the US Department of Justice, FDIC, and various state attorney generals with Citigroup in July.
Indexes licensed by Amundi for the creation of index-tracking solutions. Leading asset owners, AP4 and FRR, plan to use new indexes as benchmarks for passive mandates...
Border tensions are high, information on the conflict zone is incomplete and misleading, and soft-tone diplomacy is not doing the trick. As conflict resolution remains out of sight, international sanctions against Russia are increasingly likely to continue for longer, translating into higher volatility for Russian assets.