Analysis

Unsticking the liquidity jam

Unsticking the liquidity jam

Levels of fixed income issuance are at the highest level in nearly a decade yet concerns over bond liquidity have never been greater. The issue is squeezing flexibility in the secondary markets and forcing a deep review of the investment process. Sarfraz Thind reports.

Negative equity threatens lifetime mortgage assets

Negative equity threatens lifetime mortgage assets

The potential for falling house prices after Brexit threatens the stability of lifetime mortgage returns. Firms are modelling worst case scenarios and testing the limits of an otherwise attractive asset. Callum Tanner reports.

The data crunch

The data crunch

Solvency II and asset diversification strategies have added a mountain of data to the insurance investment process, prompting insurers to look at new initiatives to tackle the issue. Sarfraz Thind reports.

Challenging the definition of risk

Challenging the definition of risk

In light of increasingly complex and broad data crunching systems used by insurers to model investment risks, Invesco's Stephen Anness and Andrew Hall discuss the value of such models against investment fundamentals.

Mortgaging the future

Mortgaging the future

Insurers are realising gains on fixed-income assets faster than ever before. It is a risky strategy, with little regard for future profitability. Sarfraz Thind reports.

Getting the measure of credit downgrade risk

Getting the measure of credit downgrade risk

Investors are questioning the impact of credit downgrades on insurers' Solvency II balance sheets. Hugo Coelho investigates how firms are gauging this risk and why they resist putting a figure on it.

Hedge fund reinsurers feel the heat

Hedge fund reinsurers feel the heat

Poor investment performance and tight reinsurance markets have squeezed returns for hedge fund reinsurers. With some already exiting the market, what for the future? Sarfraz Thind reports.