Risk

Global investors have a restored appetite for risk amid greater optimism over the outlook for profits and the economy, according to the BofA Merrill Lynch Fund Manager Survey for November.

Concerns over global growth, central banks starting to tighten policy and a lack of liquidity have all contributed to a painful re-pricing of high yield in the last three months.

The recent sharp fall in the Russian rouble has added to pressures on Russian banks’ credit profiles, leaving some exposed, Fitch Ratings says. However, rouble risks should be manageable for most lenders, unless deposit dollarisation accelerates and the currency falls further.

Prudential Retirement Insurance and Annuity Company (PRIAC), a Prudential Financial, Inc. (PFI) company has announced that it will provide reinsurance to UK based insurer...

According to Keith Wade, Chief Economist at Schroders, equity markets have experienced a setback recently and this has led many strategists to question the longer term case for the asset class. However, he remains positive on shares and believes that equities can still generate an attractive premium for investors.