In an increasingly volatile and uncertain financial world where the investment landscape has been exposed to unpredictable shocks, pension funds have been among the most affected by equity market declines and this is expected to further heighten the desire to diversify their asset portfolios.Stock market indices across major economies have fallen in the wake of … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s economy contracted in the first quarter, with political turmoil hitting consumer sentiment in Asia’s fourth-largest economy while business concerns grew over President Donald Trump’s tariffs on exports to the US. South Korean GDP … Read more
It is likely to become the defining image of the dramatic events of the last week in South Korea: a leather-jacketed opposition aide seizing the barrel of the rifle of a masked soldier who had been sent by the president to storm the country’s parliament. “Let go!” Ahn Gwi-ryeong ordered the soldier. “Don’t you feel … Read more