creating an ongoing fee-based revenue stream. The average SIPP plan lasts for more than 25 years, benefitting from embedded growth through contractual inflation-linked fees. Industry average EBITDA margins exceed 30 per cent. with strong cashflow conversion...
The GBI-EM GD returned 4.6% over the six months, with a weaker US dollar contributing to the performance. Many emerging countries have again seen the benefits of local currency funding in this cycle, with effective policy decisions facilitated by independent central banks, a limited tolerance of ...