However, the 5Y, 12Y and 20Y fell by 24bps, 30bps and 21bps, respectively. At the longer end, the 30Y nominal yield only fell by 8bps.
CPI inflation remained elevated through the quarter, with February CPI at 10.4%. Despite the falls in utility and fuel prices inflation is expected to feel “sticky” for much of the year. Given resilient economic conditions, there is a possibility of bank rates rising further in the near term to 4.50% from the 4.25%.
A survey of UK pension funds and insurers that collectively oversee over £350 billion in assets, commissioned by AlphaReal, the specialist manager of secure income real assets, reveals that it is the speed of deployment that is the biggest obstacle to investing in renewable infrastructure.
The shortlist for the European Pensions Awards 2024 has been announced.
A survey of UK pension funds and insurers that collectively oversee over £350 billion in assets, commissioned by AlphaReal, the specialist manager of secure income real assets, finds that 95% of respondents expect to increase allocations to renewable energy assets over the next five years.
Professional Pensions has recently announced the shortlist for the UK Pensions Awards 2024.