Font control

Increase or decrease website font size.

Share this page

Compound Interest - PIC's Quarterly Update Q1 2024

  • Compound Interest
  • Social value

In this fourth issue of Compound Interest, our quarterly Thought Leadership publication, we look at the topical issue of geopolitics, including potential market impact and government borrowing costs, and what it might mean for wider investment in the economy. We also speculate on a potential return of Quantitative Easing (QE).

If 2023 was defined by heightened geopolitical tensions, 2024 promises even more of the same. In this edition of Compound Interest we take a look at how geopolitics affects the markets, government borrowing costs and a potential return of Quantitative Easing (QE), wider investment in the economy, and what we might expect in the year ahead.

In this issue

  • Sir David Lidington, Chair of the Royal United Services Institute (RUSI),Guest article setting the scene on geopolitical risks in 2024
  • Hartej Singh, PIC’s Head of Public Credit, explains how geopolitics affects the markets and the thinking of long-term investors
  • Dr Vladan Martinovic, Senior Debt Origination Manager, explains why ports have a significant part to play in geopolitical considerations, and hence why they can be an interesting investment for long-term investors
  • Mitul Magudia, Co-Chief Origination Officer, provides an insight into how geopolitical considerations are discussed by trustee boards, and what they might mean for funding positions, and the impact on the pension risk transfer market in 2024
  • Jeremy Apfel, Managing Director, Corporate Affairs, looks at the lessons for the incoming UK government, which will have limited fiscal headroom, from the 2010 government’s attempts to woo international investors to invest in UK infrastructure and underpin economic growth. 

Do you have a question for our experts?

We’d be delighted to hear from you. Whether you have a specific query raised in this issue of Compound Interest, or whether you’ve a question you’d like us to answer in the next issue.

Please email any questions or observations to [email protected]

Our use of cookies

We use cookies that are necessary to make our site work, if you use the text size control on our website to improve your viewing experience, this will set a functional cookie to maintain the font size for each page until you leave our site.

For more detailed information about the cookies we use, see our Cookie Policy

Analytics cookies

We’d also like to set analytics cookies to help us improve it; we will only do so if you give us permission by selecting ‘Enable Analytics’, or by selecting ‘Manage Cookies’ and clicking the ‘Enable analytics cookies’ checkbox.