Macro Matters is now part of the LGIM Blog, and still represents the views of our economists, strategists, and fund managers from our asset allocation team.
With the US having emerged from its pandemic-induced recession in record time, we review our scenario planning to gauge whether the typical economic cycle has been knocked out of kilter and assess the likely implications for US equities and government debt.
In April, the Securities and Exchange Board of India (SEBI) took a bold step: mandating that key employees of asset managers invest about 20% of their salary in the schemes they run or oversee. A direct order to fund managers to have skin in the game! ;