Global markets have suffered their biggest overall losses in nominal terms since the 2008 financial crisis so far this year, with global bond and equity markets declining in unison by a cumulative $5trn (£3.9 trillion).
In an unusual turn of events, both bond and equity universes have been on the decline this year. Bond markets have been dampened by rising US interest rates, with almost all fixed income benchmarks...
£300bn of liabilities
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Appointed by FCA and PSR boards