Mercer lead trustee advisor on UK’s largest pension buy-out: £2.5 billion L&G bulk annuity purchase of TRW Pension Scheme liabilities
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TRW's long-run prospects appear solid.
The corporate bond market will probably struggle to return much above break-even in 2014.
Investors should keep their expectations in check with few asset classes looking particularly attractive and complacency in the marketplace, says Allocation Fund Manager of the Year David Giroux of T. Rowe Price Capital Appreciation.
Get our sector-by-sector take on the bond market, plus our five best bond ideas.