Previous close | 32.84 |
Open | 37.00 |
Bid | 21.10 |
Ask | 22.30 |
Strike | 520.00 |
Expiry date | 2024-01-19 |
Day's range | 32.84 - 37.00 |
Contract range | N/A |
Volume | |
Open interest | 312 |
(Bloomberg) -- Slowing growth and relentless inflationary pressures mean there will be a big divide between winners and losers this earnings season, according to a deputy chief investment officer at BlackRock Inc.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSingapore’s Changi Sees Immigration System Restored After DelaysA $3 Trillion Threat to Global Financial Markets Looms in Japan$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUS Air Force P
Smart Beta ETF report for IGEB
BlackRock's liability-driven investment business is urging some smaller UK pension fund clients to stop splitting assets across multiple managers, as it tries to cut the complexity and risks of a strategy that imploded last year. Asset managers worry new rules to make LDI investing more robust could render the strategy unviable for some schemes, but consultants warn BlackRock's push could repel pension clients who want to minimise concentration risk. LDI, a hedging strategy used by thousands of schemes to ensure their assets generate enough cash to meet liabilities, almost blew up the UK pension industry in September when the then-British Prime Minister Liz Truss' disastrous 'mini-budget' sent government bond yields soaring.