OPINION/EDITORIAL

Robust Growth in Pension Funds’ Asset Under Management; Grows by 4.1% MoM to N16.8trn in June 2023

August 8, 2023/FBNQuest Research According to the latest data from the National Pension Commission (PenCom), the total asset under management (AUM) of the regulated pension industry experienced a robust monthly growth of 4.1% m/m to nearly NGN16.8trn as at Jun ’23. This growth rate far outpaced the 2.1% m/m growth […]

The Markets in Review: The Lesson of Weak Commodities

August 8, 2023/Coronation Research What lessons can we draw from commodity markets this year? Global equity markets have been hot (particularly in the US), but commodity markets have been cold, with key soft commodities like wheat, maize, palm oil and rubber trending down. Oil has recovered in recent weeks, but […]

Tracking Global Financial Stability Risks From Higher Interest Rates

August 8, 2023/IMFBlog (Credit: Olaser/iStock by Getty Images) By Tobias Adrian, Hiroku Oura Interest-rate increases by global central banks to contain the biggest inflation outbreak in four decades generated strains for banks in the United States and Europe this year. Rate hikes are generally positive for lenders if they can […]