Research and analysis

Investment Bulletins

Monthly update on economic indicators and other trends in finance from the Government Actuary's Department.

Documents

Blockchains: March 2020

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Neobanks: February 2020

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A look back on 2019: January 2020

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Efficient Markets Hypothesis: December 2019

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Personal Injury Discount Rate (PIDR) and the Ogden tables: November 2019

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Approaches to integrated risk management (IRM) and environmental, social and governance (ESG) for smaller schemes: October 2019

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What are environmental, social and governance (ESG) criteria? September 2019

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What is the integrated risk management framework (IRM)? August 2019

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The story so far - debt and the base rate: July 2019

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What is quantitative easing? June 2019

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The low interest rate trap: April 2019

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The rise of green buildings: March 2019

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The decline of physical retail and the impact for pension schemes: February 2019

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GDP and investment decisions: January 2019

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A look back on 2018: December 2018

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Factor investing: November 2018

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Pensions freedoms 3 years on: September 2018

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Cashflow driven investments (CDI): August 2018

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Sustainable investing and green bonds: July 2018

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Insurance Linked Securities (ILS): June 2018

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Credit Rating Agencies (CRAs): May 2018

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Initial Public Offerings (IPOs): April 2018

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Trade wars: March 2018

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Volatility: February 2018

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Barings Bank collapse: January 2018

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A look back on 2017: December 2017

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Illiquidity premium: November 2017

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History of Equity Indices: October 2017

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Commodities: An Introduction: September 2017

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The end of the LIBOR: August 2017

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Task Force on climate-related financial disclosure: July 2017

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Euro clearing: June 2017

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Cyber security and insurance: May 2017

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Mergers and acquisitions: April 2017

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Robotic revolution: March 2017

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An update on European sovereign debt: February 2017

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Asset management fees: January 2017

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A look back on 2016: December 2016

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Investing in illiquid assets: November 2016

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Master Trusts: October 2016

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Blockchain - what it is and why it matters: September 2016

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Emerging market debt : August 2016

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Long term index-linked gilts: July 2016

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The European Union referendum: the financial and economic effects: June 2016

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Dark pools: May 2016

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Pension schemes and shareholder activism: April 2016

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Managing equity risk using derivatives: March 2016

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Contingent convertible bonds and the banking sector: February 2016

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Stock market control mechanisms: January 2016

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A Look Back on 2015: December 2015

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Climate change and long-term investing: November 2015

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Pension funds: does size matter? October 2015

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Active or Passive Investment Management? September 2015

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Chinese yuan (renminbi) devaluation: August 2015

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Islamic Finance: July 2015

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Office for Budget Responsibility’s Fiscal Sustainability Report: June 2015

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Emotion-free Trading? May 2015

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Defined Contribution Freedom & Choice: April 2015

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Negative Yields: March 2015

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Behavioural Finance: February 2015

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European Central Bank (ECB), QE and Deflation: January 2015

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A Look Back on 2014: December 2014

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Falling oil prices and the impact on the economy: November 2014

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Value at Risk – what is it and is it useful? October 2014

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Diverging monetary policies and the impact on markets: September 2014

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Introduction to forward rates: August 2014

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Defined contribution pension strategies: July 2014

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The productivity puzzle: June 2014

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Does the World Cup affect financial markets? May 2014

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Institutional investments in infrastructure: April 2014

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Tracking alternative indices: March 2014

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Catastrophe bonds and insurance linked securities: February 2014

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Is deflation a threat? January 2014

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Year end review: December 2013

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Contingent convertible bonds: a new type of asset: November 2013

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US debt ceiling: October 2013

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RPI formula remains unchanged: January 2013

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What is securitisation? September 2013

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What is forward guidance? August 2013

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Pension scheme and investment governance: July 2013

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Demography and investment markets: June 2013

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The impact of quantitative easing: May 2013

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Non-bank lending revisited: April 2013

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Introduction to hedge funds: March 2013

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Long run expectations: February 2013

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Details

A round-up of forecasts and data with a special focus feature in each issue.

Previous issues of the GAD investment bulletin can be found on the archived GAD website

Updates to this page

Published 4 November 2013
Last updated 31 March 2020 + show all updates
  1. Latest Investment Bulletin for March 2020.

  2. Latest Investment Bulletin for February 2020.

  3. Latest Investment Bulletin for January 2020.

  4. December 2019 bulletin published - Efficient Markets Hypothesis

  5. Latest Investment Bulletin for November 2019.

  6. Latest Investment Bulletin for October 2019.

  7. September 2019 Investment Bulletin published.

  8. Latest Investment Bulletin for August 2019.

  9. Latest Investment Bulletin for July 2019.

  10. Latest Investment Bulletin for June 2019.

  11. April 2019 update added.: The low interest rate trap

  12. Latest Investment & Risk Update for March 2019.

  13. Latest Investment & Risk Update for February 2019.

  14. Latest Investment and Risk Update for January 2019.

  15. Latest Investment & Risk Update for December 2018.

  16. Latest Investment & Risk Update for November 2018.

  17. Latest Investment & Risk Update for September 2018.

  18. Investment & Risk Update for August added - Cashflow driven investments (CDI)

  19. Latest Investment & Risk Update for July 2018.

  20. Latest Investment & Risk Update for June 2018.

  21. Latest Investment and Risk Update for May 2018.

  22. Latest Investment and Risk Update for May 2018.

  23. Latest Investment & Risk Update for March 2018.

  24. Latest Investment & Risk Update for February 2018.

  25. Latest Investment & Risk Update for January 2018.

  26. Latest Investment & Risk Update for December 2017.

  27. Latest Investment & Risk Update for November 2017.

  28. Latest Investment & Risk Update for October 2017.

  29. Latest Investment & Risk Update for September 2017.

  30. Latest Investment & Risk update for August 2017

  31. Latest Investment & Risk Update for July 2017.

  32. Latest Investment & Risk Update for June 2017

  33. Latest Investment & Risk Update for May 2017.

  34. Latest Investment & Risk Update for April 2017.

  35. Investment & Risk Update for March 2017

  36. Latest Investment & Risk update for February 2017.

  37. Latest Investment & Risk Update for January 2017.

  38. Latest Investment & Risk update for December 2016.

  39. Latest Investment & Risk Update for November 2016.

  40. Latest Investment & Risk Update for October 2016.

  41. Latest Investment & Risk Update for September 2016.

  42. Investment & Risk Update - August 2016

  43. Latest Investment and Risk Update for July 2016.

  44. Latest Investment & Risk update for June 2016.

  45. Latest Investment & Risk update for May 2016.

  46. Latest Investment & Risk update for April 2016.

  47. Latest Investment and Risk Update for March 2016.

  48. Latest Investment & Risk update for February.

  49. Latest Investment & Risk update for January 2016.

  50. Latest Investment & Risk Update for December 2015.

  51. Latest Investment and Risk Update for November 2015.

  52. Latest Investment & Risk Update for October 2015.

  53. Latest Investment & Risk Update for September 2015.

  54. Latest Investment & Risk update for August 2015.

  55. Latest Investment & Risk update for July 2015.

  56. Latest Investment & Risk Update for June 2015.

  57. Latest Investment & Risk Update for May 2015.

  58. New Investment & Risk update for April.

  59. New Investment & Risk update for April.

  60. March update published: Negative Yields

  61. New Investment and Risk update for February 2015.

  62. Latest Investment & Risk Update for January 2015.

  63. Latest Investment & Risk Update

  64. Latest Investment & Risk update for November.

  65. Latest Investment & Risk Update for October

  66. September Investment & Risk Update added. Diverging Monetary Policies and the Impact on Markets

  67. Latest Investment & Risk update for August 2014 is available.

  68. New Investment and Risk update for July 2014.

  69. New Investment and Risk update now available.

  70. New Investment and Risk update for May 2014.

  71. Latest Investment & Risk update for April 2014 is available.

  72. New Investment & Risk monthly update for March 2014

  73. New Investment & Risk Update for February 2014.

  74. New Investment and Risk update for January 2014

  75. December 2013 update - year end review

  76. November 2013 update published: contingent convertible bonds: a new type of asset

  77. First published.

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