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Andrew Formica, chief executive, Henderson Global Investors

One of the primary causes of secular stagnation is ageing populations in the developed world. This results in a greater need for retirement planning and saving, which represents an opportunity for the pensions and investment industry. However, lower expected future investment returns will clearly be a concern, particularly the effect on pension scheme deficits.

Financial News asks senior asset management executives: How concerned should the pensions and investment industry be about secular stagnation?

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Views from the Top: Secular stagnation worries

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The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

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The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

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The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

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