This literature review discusses how to design a default life-cycle asset allocation for a defined contribution (DC) pension scheme. This default option may be the same for all participants, or it…
For years now, many investors – including Manulife IM – have been advancing the notion that emerging-market debt (EMD) should not be viewed, or treated, as a single homogeneous trade. The asset class…
The Chinese yuan has rebounded against the U.S. dollar since the Covid-19 outbreak. CNH and reserve requirement ratio have moved in opposite directions in past 12 months after 25 years of moving in…
