The one-size-fits-all approach to Solvency II regulation under EIOPA could spell trouble where those affected rely on bonds of different types and durations, suggests research from EDHEC, the French business school.
The challenge the European Insurance and Occupational Pensions Authority now has is finding a formula that is sufficiently flexible to ensure the regulation is met, but without forcing those regulated towards any one type of bond or duration.
To view the full research paper click here: Impact of SII on bond management
David Sugarman, fund manager for Polar Capital, will discuss convertible bonds at the InvestmentEurope Pension Fund Forum held in Zurich on 15 May.
Anna Paula Harris, portfolio strategist for the global equity beta solutions group at State Street Global Advisors (SSgA), will address smart beta strategies at the InvestmentEurope Pension Forum to be held in Zurich on 15 May.