Vivek Paul
OpinionWill government infrastructure investment crowd out pensions?
With monetary policy reaching its limits, we expect to see a global shift to fiscal policy in coming years. Additional infrastructure spending is increasingly likely – economists suggest it contributes more to economic growth than other fiscal policies.
OpinionIs liability-driven investment facing a backlash?
The prospect of hefty US fiscal stimulus has triggered talk of global reflation. The subsequent jump in government bond yields globally has prompted analysts to lift interest rate forecasts. But we are still in a structurally low interest rate environment.