Highlights

• ERAFP reflects on market turbulence on sovereign portfolio
• bfinance bi-annual pension fund survey : Investors move down the liquidity scale investing in riskier assets
• Dwindling forecasts that European long term rates will go up
• Investment strategy survey: asset managers embrace the refuge appeal of German bonds and US Treasuries
• The asset allocation myth and its exaggerated contribution to portfolio returns
• Veritas removes Greek sovereign exposure before spreads widen