Markets will see volatility ramp up next year as central banks intensify the fight against inflation, according to an Australian pension fund with A$65 billion ($46 billion) under management that’s still sticking with a wager on stocks.
Defined benefit plan funded status is still up for the year, but there are several factors plan sponsors should consider as they set their risk tolerance for the rest of the year and into 2022.
People’s Bank of China Gov. Yi Gang said the central bank was committed to a level playing field for investors and that broader problems with debt at Chinese property developers should be dealt with according to market principles.