European investors look to add inflation protection to portfolios
European investors look to add inflation protection to portfolios
Christian Kjaer said the market is indicating there will be an inflation spike.
European pension fund executives are making portfolio tweaks in anticipation that inflation will continue to increase when governments fully lift COVID-19-related restrictions.
Contributing to the inflationary pressure in investors minds is the backdrop of the European Union and U.S. government s fiscal responses to offset the economic pain of the pandemic, as well as loose monetary policies of the European Central Bank and the Federal Reserve.
Some asset owners in Europe are concerned these factors could combine to create lasting inflation.
By Susanna Rust2021-04-14T15:24:00+01:00
Public authorities must deliver meaningful action on carbon pricing and data as the financial sector cannot resolve the climate crisis on its own, the executive director of Fonds de réserve pour les retraites (FRR), France’s €26.3bn pension reserve fund, has said.
Speaking at a Sustainable Investment Forum conference yesterday, Olivier Rousseau said there was “a big misunderstanding in terms of what can be expected of the financial sector” with regard to tackling climate change.
“It’s too easy for the governments, for the NGOs, for the media, to put all the blame and all the onus on the financial sector,” he said. “It is unrealistic, unfair, and it’s going nowhere.”
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