Finance seeks funding test for plans that have been exempt
Funds shifted assets to fixed income, away from private equity
Interest rate changes and inflation risks affected plans
Current rules too complex, pose greenwashing risks
Bonds, foreign equities and infrastructure offset weakness in real estate
ESMA promises tougher oversight, calls on industry to avoid misleading claims
Markets drive industry AUM higher, net flows positive for large firms
European regulators make recommendations for revitalizing capital markets
Returns affected by high inflation and interest rates, geopolitics, chief executive says
FSB proposes series of recommendations for addressing liquidity issues