dollar

Asset Allocation

CalPERS finds continuity in climate of uncertainty

Investors are grappling with a multi-regime change that is manifesting in trade and geopolitical upheaval and a rise in real interest rates. But at a recent meeting, the CalPERS board heard that US equities remain top performers and the dollar, though weaker, is still historically strong and wil remain so.

Sarah RundellJuly 15, 2025

Investor Profile

Railpen talks risks and opportunities in trade upheaval

Investing in currencies and long short equity strategies are two of the opportunities that the UK’s £34 billion Railpen has been exploring in the current volatile environment.

Sarah RundellJune 10, 2025

Risk

IMF flashes dangers ahead

The worst is yet to come, warns the IMF in its sobering World Economic Outlook report. Investors will increasingly prioritise safe assets with implications for emerging markets while chaos in the UK gilts markets underscores the risks of a policy mistake.

Sarah RundellOctober 18, 2022