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Tariffs and bond vigilantes: LGPS investors in a new world will need to be nimble

William Bourne, an independent adviser to the LGPS at Linchpin Advisory argues that against the backdrop of an increasingly uncertain macroeconomic outlook, funds and pools should try to adopt a more nimble approach to investment management

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Donald Trump’s “Liberation Day” of tariff announcements almost certainly marked the turning of a page in the world’s economic history.  The last 45 years,

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

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