Funds Hub
Money managers under the microscope
Morning line up: Public pension review, Private equity, Europe bonds
News and views on the fund industry from Reuters and elsewhere:
Hutton rules ‘nothing’ out in public pension review – FT
European bond volume falls by a third in first half 2010 – WSJ
Private equity deals make a come back in Q2, but short of boom times – Reuters
Public pensions: the billion/trillion/TBC issue for the new fiscal watchdog
The moment of truth has come: the new government is going to outline £6 billion of spending cuts and to make sure it will stick to deficit tackling measures, it has appointed a new fiscal watchdog, the Office for Budget Responsibility (OBR).
As part of its remit, the new agency will also ”have a role in making an independent assessment of the public sector balance sheet including analysing the cost of ageing, public service pensions,” the Treasury says.
