Pension Funds Insider

Pension Funds Insider brings the latest pensions news and industry insights; from investment and governance updates to new mandate appointments and pensions regulatory information.

Investment

Image for ESG forever

ESG forever

27 October 2020

First coined around a decade ago as an abbreviation for ‘Environmental, Social and Governance’, ESG only really entered common currency this year; yet confusion abounds as to what it’s all about.  

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Chinese Environmental Change - What is the impact?

19 October 2020

Environmental changes can have a material impact on financial performance, so why compromise between financial return and ESG?

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COVID-19 – A New Marshall Plan?

14 August 2020

The exceptional market volatility and global economic impact that has come with the COVID-19 pandemic has brought an equally exceptional response from global policy makers....

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A Technology Cold War?

03 August 2020

We see a “technology cold war” as a major future risk for global investors. It might have far-reaching implications for industrial supply chains, technology companies and consumers everywhere. Our view on China remains constructive though...

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The 80/20 Rule

10 July 2020

Why the biggest investment costs are also the hardest to understand 

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Image for A green light on ‘building back batter’ - Equities Market Perspective video July 2020

A green light on ‘building back batter’ - Equities Market Perspective video July 2020

09 July 2020

In this month’s video Kirsty Clark, Investment Specialist at M&G Investments, comments on the growing focus on Sustainability and ESG issues in the wake of COVID-19, and how authorities, companies and investors have been responding. 

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Image for The Growth of Private Equity Secondaries

The Growth of Private Equity Secondaries

24 June 2020

The Global Financial Crisis provided opportunities and growth in the Secondaries market as a means to gain liquidity, but is that the same case today as a result of COVID-19? Or has the investment landscape changed? Neuberger Berman's Tristram Perkins and Benjamin Perl discuss what some of the key differences and similarities might be, along with how the Secondaries market has developed before the pandemic hit, as investors are adjusting to the “new normal” in today’s market.

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Future Proofing Your Insurance

22 June 2020

Considering buy-ins and longevity swaps for DB pension funds?

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The long and winding road to recovery?

16 June 2020

Is this the low point for the UK economy and the start of a long road to recovery?

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How many managers?

16 June 2020

When could a multi-manager approach in China be particularly effective for the risk aware investor?

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At the Peak of The Curve

26 May 2020

Asset Allocation Committee Outlook 2Q2020: Special Update by Neuberger Berman

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Image for  PE Investing at Market Inflections

PE Investing at Market Inflections

20 May 2020

Faced with the uncertainties of the COVID-19 crisis and demands for portfolio rebalancing, investors may be tempted to cut their private equity programs or re-think plans to expand them. In this short video interview, John Buser, Executive Vice Chairman—NB Alternatives, looks back to the dotcom era and the Great Financial Crisis to explain why he thinks they should stay the course.

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Equity Investing as We Approach a “New Normal”

19 May 2020

Richard Nackenson, Neuberger Berman Equity Senior Portfolio Manager, discusses how investor psychology has changed over the past month and where he is finding investment opportunities as we approach a “new normal.”

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Image for Private Equity Perspectives “Moving from Defense to Offense”

Private Equity Perspectives “Moving from Defense to Offense”

18 May 2020

David Stonberg, Global Co-Head of Private Equity Co-Investments at Neuberger Berman, provides an update on the private equity market and discusses deal activity in the Co-Investment space.

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Trends in Private Market Investing

15 May 2020

Sean Ward looks at the trends that are emerging across buyout managers and how this is impacting investor sentiment.

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Recovery Scenarios and Emerging Themes

14 May 2020

Erik Knutzen, CFA, CAIA, Chief Investment Officer, Multi-Asset Class at Neuberger Berman shares insights on navigating the range of paths through the recovery and our playbook for capitalizing on investment themes.

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Municipal Bond Market Update

13 May 2020

James Iselin, Neuberger Berman’s Head of Municipal Fixed Income, discusses the potential for a rise in delinquencies and defaults across the municipal bond market.

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Private Debt Through the Crisis

12 May 2020

Susan Kasser at Neuberger Berman explores the themes that remain consistent in private debt portfolios through the crisis and those that will likely reassert themselves following the dislocation.

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Image for Market Volatility – Closing Bell Insight

Market Volatility – Closing Bell Insight

11 May 2020

On this episode of Closing Bell Insights, Stephanie B. Luedke, Head of Private Wealth Management joins Joseph V. Amato, President and Chief Investment Officer of Equities at Neuberger Berman, as he shares an update on the current equity market environment and discusses what to potentially expect from an economic “restart”.

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Image for EM Equity: A Return to Fundamentals, but a Long Road ahead

EM Equity: A Return to Fundamentals, but a Long Road ahead

09 May 2020

Conrad Saldanha, Neuberger Berman Emerging Markets Equity Portfolio Manager, discusses April’s EM equity market rally and the impact of falling oil prices on EM economies.

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Perspective on Private Credit

08 May 2020

Listen to David Lyon, Co-Head of Private Credit at Neuberger Berman as he discusses the current dislocation in the credit markets and the types of investment opportunities that may emerge as a result.

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Opportunity in Credit Dislocation

07 May 2020

Michael Holmberg and John Humphrey of Neuberger Berman provide an update on the credit market dislocations resulting from the crisis, what is causing concern in the market and how to find the opportunities that are emerging.

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Image for Energy Update: Oil Prices Fall to Historic Lows

Energy Update: Oil Prices Fall to Historic Lows

06 May 2020

Jeff Wyll, Neuberger Berman Senior Research Analyst, discusses the April 20th collapse in U.S. oil prices and the implications for investors in the energy sector.

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Real Estate Investing through the Crisis

05 May 2020

Matthew Kaplan reviews the impact to different sectors of the real estate market resulting from COVID-19, where opportunities may arise as the market finds its footing.

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Fixed Income Market Update: A Lower Volatility Environment

04 May 2020

Ashok Bhatia, Neuberger Berman Deputy Chief Investment Officer - Fixed Income, discusses the decline of fixed income market volatility in April and provides an update on where his team is finding value across the fixed income markets.

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The Health Care Sector through a COVID-19 Lens

01 May 2020

Welcome to Disruptive Forces in Investing, a podcast series featuring Neuberger Berman’s seasoned investors who discuss trends that are transforming the investment industry and beyond.

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Image for  European Private Equity Insights

European Private Equity Insights

30 April 2020

Joana Rocha Scaff, Head of Europe Private Equity at Neuberger Berman, delves into how European private equity firms are dealing with the crisis, best practices for investor communications and the importance of understanding the long and short term impact of the crisis.

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Image for Volatility Update: Swings in Sentiment Keep Volatility Levels Elevated

Volatility Update: Swings in Sentiment Keep Volatility Levels Elevated

29 April 2020

Derek Devens, Neuberger Berman Option Group Portfolio Manager, talks about continuing volatility, the factors that could steer it one way or another and the potential implications for Options investors.

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European Fixed Income Market Update

28 April 2020

In this video, Investment Grade European Fixed Income Head at Neuberger Berman, Patrick Barbe provides an update on current conditions across bond markets, explaining what he believes marks an important turning point in the current situation. He also offers his outlook and an update on positioning, considering potential trends such as a shift away from globalization towards more domestically-oriented growth prospects.

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A View of the Private Equity Environment

27 April 2020

Anthony Tutrone, Global Head of Alternatives at Neuberger Berman, looks at private equity valuations through crises and the investment environment looking ahead.

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Image for Closing Bell Insights

Closing Bell Insights

26 April 2020

On this episode of Closing Bell Insights, Joseph V. Amato, President and Chief Investment Officer of Equities at Neuberger Berman, shares his market update and insights after the closing bell, including potential implications for investors.

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Image for High Yield Market Update: Volatility Persists

High Yield Market Update: Volatility Persists

25 April 2020

Christopher Kocinski, Neuberger Berman U.S. High Yield Senior Portfolio Manager, discusses the factors that have contributed to the volatility in the non-investment grade credit market and how his team has adjusted portfolios as spreads have widened.

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Uncorrelated Strategies Market Update

24 April 2020

In this short video, Portfolio Manager, Fred Ingham provides an update on current conditions across uncorrelated strategies, offering his thoughts on both the short and longer-term impacts of COVID-19 on asset markets. He also updates on the positioning of Neuberger Berman’s portfolios.

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Credit Dynamics

23 April 2020

Senior credit professionals Ashok Bhatia, Deputy CIO in Fixed Income, David Brown, Co-Head of Global Investment Grade Fixed Income, Susan Kasser, Co-Head of Private Credit and Joseph Lynch, Global Co-Head of Non-Investment Grade Credit at Neuberger Berman discuss the market implications and potential opportunities arising from the recent unusual market dynamics.

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Real Estate Securities Market Update

21 April 2020

In this short video, Gillian Tiltman, Portfolio Manager of the UK and Continental European portion of Neuberger Berman’s Real Estate Securities Group offers an update on real estate markets. Gillian explains why some of the longer-term secular demand trends her team have been focused on are now being highlighted by the current situation. She also updates on positioning across portfolios.

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Image for Covid-19 and the bulk annuity market

Covid-19 and the bulk annuity market

20 April 2020

There are still benefits to be had from dealing in uncertain times.

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Image for  Global High Yield Market Update

Global High Yield Market Update

20 April 2020

In this video update from Senior Portfolio Manager, Vivek Bommi at Neuberger Berman, we review conditions across global non-investment grade bond markets and offer our outlook for the asset class.

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Capitalism meets Coronavirus

17 April 2020

Despite the clearly tragic short-term impacts of the coronavirus, could the outbreak be an unintended agent of change? In this month’s video, Investment Director at M&G Investments, Ritu Vohora looks at the potential silver lining amidst the fear and the value of ESG to long-term investors, providing an important and alternative perspective on major issues affecting markets and economies today.

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Perspectives on Liquidity

17 April 2020

Anne Brennan, Chief Risk Officer and Ken DeRegt, COO for Fixed Income at Neuberger Berman, share their insights on managing liquidity in today’s markets, with a look at how this compares to 2008.

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Image for Macro Insights and Asset Allocation

Macro Insights and Asset Allocation

16 April 2020

Erik Knutzen, Chief Investment Officer – Multi-Asset Class Strategies at Neuberger Berman, discusses the impact of last week’s Fed actions and stimulus package along with how this decline is different than 2008 in terms of markets and investment implications.

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EMD Market Update

14 April 2020

Gorky Urquieta, Co-Head of the Neuberger Berman Emerging Markets Debt Team, discusses the factors that contributed to the sell-off of EMD assets over the past month and how the team is positioning portfolios in this volatile market environment.

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Image for COVID 19 – The Financial Impact

COVID 19 – The Financial Impact

02 April 2020

The exponential spread of Coronavirus across the globe has driven a global market crash and, most likely, a deep economic recession. As businesses temporarily close or halt production, we do not yet know the legacy this will leave on the UK economy – or pension schemes. 

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Image for Making good use of cost data: #3 – am I becoming more efficient?

Making good use of cost data: #3 – am I becoming more efficient?

02 April 2020

The Cost Transparency Initiative (CTI) templates are helping pension funds to get a grip on their investment costs – but how can funds make the data useful? There are three fundamental questions that pension fund Boards should expect answers on:

1.     Are my costs reasonable?
2.     Am I getting value-for-money?
3.     Am I becoming more efficient?

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Corporate Hybrid Bond Introduction

30 March 2020

In this short video, Senior Portfolio Manager, Julian Marks offers an overview of corporate hybrid bond markets and outlines the philosophy and approach adopted across Neuberger Berman’s portfolios. He provides examples of the kinds of issuers the team typically consider and reviews current market conditions.

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Image for Introduction to our Multi-Asset Income Fund

Introduction to our Multi-Asset Income Fund

06 March 2020

In this short video, Joe Mc Donnell, Head of Portfolio Solutions & Portfolio Manager for Multi Asset Income looks at some of the themes driving demand for income as well as supply challenges in meeting this need. Joe outlines Neuberger Berman's approach to generating a consistent income through diversified multi asset class portfolios.

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Image for Making good use of cost data: #2 – am I getting value-for-money?

Making good use of cost data: #2 – am I getting value-for-money?

24 February 2020

The Cost Transparency Initiative (CTI) templates are helping pension funds to get a grip on their investment costs – but how can funds make the data useful? 

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Image for The Solvency Sharpe Ratio: Strategic Asset Allocation for Insurers

The Solvency Sharpe Ratio: Strategic Asset Allocation for Insurers

20 February 2020

Against the backdrop of shrinking risk-free asset allocations and growing allocations to alternative investments to maintain book yield, a well-designed strategic asset allocation (“SAA”) framework could help companies navigate risk and improve investment efficiency.

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Image for Making good use of cost data: #1 – are my costs reasonable?

Making good use of cost data: #1 – are my costs reasonable?

11 February 2020

The Cost Transparency Initiative (CTI) templates are helping pension funds to get a grip on their investment costs – but how can funds make the data useful?  

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Image for The attraction of emerging markets

The attraction of emerging markets

28 January 2020

Emerging markets role in a fund’s strategic asset allocation

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Image for The simple truth about LGPS investment costs

The simple truth about LGPS investment costs

23 January 2020

The cost of investing LGPS assets is going to rise. It’s virtually guaranteed. This is despite the determined efforts of so many people inside and outside LGPS pooling.

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Fixed Expense Investing

13 January 2020

Low and even negative yields have turned some fixed income investing into “fixed expense” investing—but there are still good reasons to hold negative-yielding bonds.

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Image for Asia Bonds: Tactical Value for a Long-Term Opportunity

Asia Bonds: Tactical Value for a Long-Term Opportunity

20 December 2019

Asian debt exhibits robust fundamentals and bright long-term prospects, with attractive yields.

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Two Cultures, One Aim

19 December 2019

How genuine collaboration between quantitative and fundamental analysts can enhance stock selection and portfolio construction.

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Image for De-risking: balancing risk and reward

De-risking: balancing risk and reward

26 November 2019

With the majority of UK private sector defined benefit schemes now closed to future accrual, attention is on how best to de-risk those schemes, and what to do in the meantime if the scheme isn’t in a position to fully meet its liabilities yet.

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Investment pathways and independent governance

11 November 2019

With the increase in the use of drawdown options, the FCA has recently proposed governance remedies for issues centred on consumers who opt for drawdown without taking advice. These proposals are part of a wider drive for improved governance of workplace pensions and transparency for savers. So how did we arrive at this juncture, and what do providers need to do?

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Image for Three interest-rate cuts in three months, is the Fed done cutting?

Three interest-rate cuts in three months, is the Fed done cutting?

31 October 2019

In this video from Manulife Investment Management, Chief Economist and Head of Macroeconomic Strategy Frances Donald, discusses the recent US interest rate cuts.

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Image for The appeal of Absolute return investing and Asia fixed income

The appeal of Absolute return investing and Asia fixed income

28 October 2019

Neal Capecci, Manulife Investment Management argues in this video that although there are rising trade tensions in the world, investors still find Asian bonds alluring.

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Image for Can offering ESG investment approaches help drive member engagement?

Can offering ESG investment approaches help drive member engagement?

24 October 2019

This article from Karen Bolan, AHC, looks at the way ESG will impact engagement in investing and saving choices.

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Image for 4 questions to consider when it comes to investment costs

4 questions to consider when it comes to investment costs

14 October 2019

Costs are important but don’t get dragged down a rabbit hole

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Image for Sign up for the business model of the future

Sign up for the business model of the future

14 October 2019

Nimble companies are adopting subscription models to help grow their customer base and generate more predictable revenue streams.

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Video game industry goes for the win

11 October 2019

Capital Group investment professionals Nathan Meyer and Alan Wilson discuss their optimistic outlook for the multi-billion-dollar video games industry.

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Keeping it local

11 October 2019

RisCura takes debates the benefits of local specialists

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Image for The Fed cuts rates again amid low inflation. What’s keeping it down?

The Fed cuts rates again amid low inflation. What’s keeping it down?

10 October 2019

Capital Group investment professionals discuss the implications of U.S. Federal Reserve interest rate cuts, loose global monetary policy and negative interest rates.

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Image for Argentina update: Q&A with EM debt investment analyst

Argentina update: Q&A with EM debt investment analyst

09 October 2019

Argentina’s currency and financial markets have experienced a sharp selloff in recent weeks. Emerging markets (EM) debt investment analyst and portfolio manager at Capital Group, Steve Backes, gives his take on why market sentiment has soured, whether capital controls will bring stability and the outlook for Argentina.

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ESG – A Global Issue?

20 August 2019

The role of the investment industry is key to changing ESG matters, however the processes involved are complex and have far reaching effects.

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Image for Thinking of investing in China?

Thinking of investing in China?

01 August 2019

In this article, Riscura attempt to dispell myths about Chinese investing.

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Image for Learning with the World’s Top Funds – smarter, fairer, simpler

Learning with the World’s Top Funds – smarter, fairer, simpler

08 July 2019

John Simmonds poses the question ‘where should we go in the world to find examples of really great pension funds?’ And his answer - Canada, Australia and Holland. There are unique characteristics in each that are worth reflecting on.

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Putting the Cart before the Horse

13 May 2019

John Simmonds tackles the issues of benchmarking when it comes to alternative investing.

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Image for Three ways to manage the impact of cash flows on DB pension schemes

Three ways to manage the impact of cash flows on DB pension schemes

13 May 2019

Simon Hubbard takes us through the key points to consider when monitoring and managing a negative cashflow position.

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Image for Service management: A move from quantitative to qualitative key performance indicators (KPIs)

Service management: A move from quantitative to qualitative key performance indicators (KPIs)

21 March 2019

 In recent years, we have seen a distinct trend in the way success is measured. Outsourced pensions administrators were heavily reliant on quantitative information, and largely focused on time and volume as the primary measures of success. Whilst this was, of course, an easy way to measure the service, it was too simplistic.

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Image for The power of governance. Is it through delegation?

The power of governance. Is it through delegation?

23 November 2018

Does every decision need to go to the board? Do they need to assess manager performance at every meeting? Can asset owners allow decisions further down the organisation to be made through delegation? 

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Image for Responsible Investing: Implications for Pensions

Responsible Investing: Implications for Pensions

21 November 2018

'Assets managed under some form of sustainable, responsible investing mandate across the globe grew from $18 trillion in 2014 to $23 trillion in 2016' Matt Tucker looks at the measures investment managers take to satisfy scheme trustees of their credentials in relation to responsible investing.

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Integrating climate risks with your scenario planning

26 September 2018

A new perspective on incorporating climate-related risks and opportunities in scenario analysis for strategic investment decision-making

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Image for A new solution to closing the income gap

A new solution to closing the income gap

31 August 2018

UK defined benefit pension schemes are rapidly moving into cash flow negative territory, so the impending reality of fulfilling pension promises should be at the top of trustees’ agendas. 

It’s time for a shift in perspective and look at assets in a new light – do they generate income?

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Image for Selecting delegated investment managers

Selecting delegated investment managers

02 August 2018

Learnings from e-commerce and beyond.
Ortec's Maurits van Joolingen shares his thoughts on ratings, reviews and choices when it comes to investment management.

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Image for Climate Change – can actuaries actually save the world?

Climate Change – can actuaries actually save the world?

26 July 2018

Chris Mason tackles the climate change topic and debates if the industry can do more to help.

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Image for Buy ins and buy outs: Be prepared (be very prepared)

Buy ins and buy outs: Be prepared (be very prepared)

24 July 2018

The ever-growing volume of bulk annuity transactions has seen them become somewhat more standardised, but perhaps more importantly, the lawyers and consultants who regularly advise in this area now have established relationships (and precedent documentation) with most or all of the relevant insurers.

Does that make it easier to transact quickly? - Yes, but only up to a point.


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Old and new worlds meet

13 June 2018

Active membership of defined benefit (DB) pension schemes has fallen by just over one million in the past seven years, with most predictions forecasting that the remaining 12% of still-active private sector DB schemes will close before the end of the next seven. While the pace of closures appears to be slowing, the outcome remains inevitable.

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Image for Emerging market debt demystified

Emerging market debt demystified

08 June 2018

Despite evolving as an asset class and becoming a strategic holding for many, emerging market (EM) debt can still be clouded by misconceptions and concerns for some investors. The reality is that these markets continue to mature, but still offer the potential for diversification and enhanced returns.
 
We examine the reality of EM debt investing and find that, while challenges remain, fixed-income investing in EM is more robust and investible than is often perceived.

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Climate change

07 June 2018

Practical tips and guidelines for trustees

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Image for The deadline has passed

The deadline has passed

22 May 2018

Are trustees compliant?

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Image for Clearer, quicker, tougher

Clearer, quicker, tougher

21 May 2018

Clearer, quicker, tougher - why TPR's new mantra matters to you  

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Image for PPF Levy – Do you know the score?

PPF Levy – Do you know the score?

12 April 2018

Ahead of the PPF levy deadline Robert Palmer explains how checking your data is correct could save more than just money.

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Image for Delivering member benefits - focusing on the right risks?

Delivering member benefits - focusing on the right risks?

15 March 2018

The current pensions’ legislative framework (be it funding, company accounting or solvency) encourages a focus on short-term risk metrics linked to movements in interest rates, but how well does this sit with a scheme’s long-term objective to deliver member benefits? This article explores some of the tension between these dynamics, discusses other risks that a scheme should be focusing on and reflects on the possible implications for leveraged LDI structures. We conclude that cash flow driven investment (CDI) principles should be central to a pension scheme‘s investment strategy to meet its long-term objective to pay member benefits.  

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Image for EY Fiduciary management fees survey 2017

EY Fiduciary management fees survey 2017

12 March 2018

EY’s third survey on fiduciary management fees is now available, following our previous fee surveys in 2013 and 2015.

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Image for Fiduciary managers and demonstrating how they add value

Fiduciary managers and demonstrating how they add value

05 March 2018

Tej Donsanjh looks at the worth of outsourcing investment decisions to investment experts

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Image for Fiduciary management: time someone else ran the day-to-day?

Fiduciary management: time someone else ran the day-to-day?

15 February 2018

As the investment backdrop gets increasingly demanding, trustees need to show they can meet the challenges of today’s pensions schemes. But with their time and resources often under pressure, outsourcing their scheme’s day-to-day running to a fiduciary manager – while still keeping overall control – could be the solution.  

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Image for Is the age of active management dead?

Is the age of active management dead?

14 February 2018

Amanda Burdge discusses the merit of active and passive management in the correct environments.

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Image for Can you invest responsibly in emerging markets?

Can you invest responsibly in emerging markets?

05 February 2018

Two of Capital Group’s equity and fixed income analysts discuss the importance of good Governance when selecting companies and countries to invest in. In their view where the ‘G’ of ESG leads, the ‘E and the ‘S’ follow.

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Image for The importance of planning your DC risks

The importance of planning your DC risks

15 December 2017

Sacha van Hoogdalem discusses the complexities associated with considering DC offerings as an alternative 

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Image for AXA IM launches China fund

AXA IM launches China fund

21 September 2017

AXA Investment Managers (AXA IM) has launched the AXA World Funds China Short Duration Bonds fund, giving investors exposure to the 56 trillion (€7 trillion) renminbi (RMB) bond market.

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Image for Emerging market equity most popular asset class with pension schemes

Emerging market equity most popular asset class with pension schemes

14 September 2017

Emerging market equity is the asset class being considered by the most investors for the six months ahead, according to a survey of pensions schemes, asset managers, and consultants.

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Image for Worldwide pension fund assets increased in value in 2016

Worldwide pension fund assets increased in value in 2016

07 September 2017

Assets under management at the world's largest pension funds increased in value by 6.1%, $15.7 trillion in 2016, according to research from Willis Towers Watson.

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Image for Finnish fund drops US stocks from portfolio

Finnish fund drops US stocks from portfolio

31 August 2017

Finland's largest pension fund has reduced its US stocks after questioning the legitimacy of Donald Trump's presidency.

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Image for Buy-in and buy-out volumes almost double in first half of 2017

Buy-in and buy-out volumes almost double in first half of 2017

10 August 2017

UK pension schemes completed £5.1bn of pension buy-ins and buy-outs in the first half of 2017 – an 88% increase on the same period last year.

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Image for New fund launched for emerging markets

New fund launched for emerging markets

04 August 2017

BMO Global Asset Management has launched a new fund that will invest in small companies in emerging markets.

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Image for Legal & General launches equity fund with Boots Pension Scheme

Legal & General launches equity fund with Boots Pension Scheme

27 July 2017

Legal and General Investment Management (LGIM) has launched a multi-factor global equity fund with initial investment from Boots Pension Scheme.

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Image for Kames Capital launches new property fund

Kames Capital launches new property fund

07 July 2017

Kames Capital has launched a new fund that enables pension schemes to track the commercial property funds market.

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Image for PSP announces strong financial results

PSP announces strong financial results

15 June 2017

One of Canada's largest pension investment managers has announced an increase in its net assets for 2017.

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Image for Lancashire County Pension Fund invests in London 'built-to-rent' development

Lancashire County Pension Fund invests in London 'built-to-rent' development

09 June 2017

Lancashire County Pension Fund (LCPF) has invested in a purpose-built rental development in Hayes, west London.

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Image for Shifting global trade patterns bring new opportunities

Shifting global trade patterns bring new opportunities

07 June 2017

In this article Capital Group looks at the shifting global trade landscape, with the advancement in digital economies comes a host of difficulties and as their size grows, issues related to digital commerce and intellectual property gain prominence in trade agreements.

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Image for College of Law completes £28m pensioner buy-in

College of Law completes £28m pensioner buy-in

23 May 2017

The College of Law Pension and Assurance Scheme has completed a £28million pension buy-in with Aviva.

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Image for BlackRock expands Tax Transparent Funds for UK schemes

BlackRock expands Tax Transparent Funds for UK schemes

11 May 2017

BlackRock is increasing its range of Tax Transparent Funds to meet the growing demand from UK pension funds.

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Image for AXA to divest from coal companies

AXA to divest from coal companies

28 April 2017

AXA Investment Managers (AXA IM) is divesting from companies that get more than half their revenue from coal.

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Original thinking in emerging markets

27 April 2017

Understanding what drives valuations and differentiates markets is key to delivering attractive long-term investment returns

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Image for Bernard Matthews pension scheme owner 'lined own pockets'

Bernard Matthews pension scheme owner 'lined own pockets'

20 April 2017

The former owners of Bernard Matthews lined their own pockets by rejecting a buyout offer that would have protected the company pension scheme, according to the Work and Pensions Committee.

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Image for A time for reflection

A time for reflection

19 April 2017

How often have you looked back and thought "it was obvious, why didn't I act?" Hindsight is a wonderful thing; the challenge is recognising when you are at a seminal moment in time. As we enter 2017, are we at such a moment?

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Image for Pensions schemes paying investment managers 70% more

Pensions schemes paying investment managers 70% more

13 April 2017

Investment managers are earning up to 70% more from pension schemes than they were six years ago, according to LCP's Investment Management Fee survey.

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Image for Remaining faithful to active investing

Remaining faithful to active investing

12 April 2017

John "Jack" Bogle, the retired founder of The Vanguard Group, wrote in his Princeton University thesis in 1951 that mutual funds "may make no claim to superiority over the market averages" (1). While he expected "mutual funds to live up to this responsibility and become much more active in the future", it seems nothing much has changed.

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Image for Changes to public sector pension scheme asset allocation

Changes to public sector pension scheme asset allocation

23 March 2017

Public sector pension funds have increased their exposure to alternative assets over the last three years.

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Image for Bulk annuities topped £10bn in 2016

Bulk annuities topped £10bn in 2016

23 March 2017

Pension buy-ins and buy-outs by UK pension schemes came to £10.2bn in 2016, according to consultants LCP.

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Image for How the overlooked middle ground could help solve the cash  flow challenge

How the overlooked middle ground could help solve the cash flow challenge

08 March 2017

Defined benefit (DB) pension schemes are rapidly moving into cash flow negative territory. As their members grow older, it's time to make good on those pension promises.

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Image for New report looks at ESG risks for DC funds

New report looks at ESG risks for DC funds

23 February 2017

The Pensions and Lifetime Savings Association (PLSA) has released a new report into the environmental, social, and governance (ESG) risks facing Defined Contribution (DC) pension schemes.

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Image for PiP acquires six solar farms

PiP acquires six solar farms

16 February 2017

Pensions Infrastructure Platform (PiP) is acquiring six solar farms from Trina Solar Limited, as part of its ongoing investment in UK infrastructure.

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Image for Land Securities Group scheme completes £110m buy-in

Land Securities Group scheme completes £110m buy-in

09 February 2017

The pension and assurance scheme of FTSE 100-listed company, Land Securities, has completed a £110million buy-in with insurer, Just.

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Image for Anticipating Real Estate Capital Markets Downturns

Anticipating Real Estate Capital Markets Downturns

30 January 2017

This paper discusses the importance of capital markets for real estate investing, identify tools and techniques for tracking capital markets across the globe, and provide a simple framework for collating he best leading indications of the next turning point in the current cycle in the three regions where are most active; North America, Europe and Asia – Pacific.

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Image for £25bn could be wiped off DB debt

£25bn could be wiped off DB debt

26 January 2017

Trustees of the UK's defined benefit (DB) pension schemes could reduce the collective UK deficit by £25bn by more accurately predicting how long people will live.

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Image for Climate change framework launched

Climate change framework launched

12 January 2017

Some of the UK's biggest pension schemes have co-founded an initiative to understand how the transition to a low carbon economy affects their investments.

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Image for PiP deal for Railways Pension Scheme

PiP deal for Railways Pension Scheme

15 December 2016

The Pensions Infrastructure Platform (PiP) has helped to refinance a portfolio of 1,911 rooftop solar assets to provide £20.3million of inflation linked to debt capital for the Railways Pension Scheme.

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Image for MPs launch campaign for greener pension fund investment

MPs launch campaign for greener pension fund investment

08 December 2016

A cross-party group of MPs and 350.org, the climate campaign group, has launched a campaign calling for greater transparency on the Parliamentary pension fund.

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Image for PIP infrastructure fund completes first equity investment

PIP infrastructure fund completes first equity investment

02 December 2016

The PIP Multi-Strategy Infrastructure Fund (MSIF) has acquired a portfolio of 31 individual wind turbines.

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Image for Workplace pension savers back higher contributions

Workplace pension savers back higher contributions

18 November 2016

More than half the people currently saving into a workplace pension would be willing to contribute more, according to new research by Aviva.

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Image for Trump victory benefits DB schemes

Trump victory benefits DB schemes

18 November 2016

The total UK DB scheme deficit has gone down by more than £35bn since the US election result, according to pensions specialist Hymans Robertson.

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Image for Hymans Robertson introduces new DC approach

Hymans Robertson introduces new DC approach

03 November 2016

Pensions and benefits consultancy Hymans Robertson has launched a new approach to Defined Contribution (DC) investment.

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Image for PLSA launches three new Made Simple guides

PLSA launches three new Made Simple guides

27 October 2016

The Pension and Lifetime Savings Association launched three new guides at its annual conference in Liverpool last week.

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Image for Lifetime ISA popular with under 40s

Lifetime ISA popular with under 40s

27 October 2016

Two-thirds of workers under 40 would open a Lifetime ISA (LISA), according to new research from Hymans Robertson.

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Image for UK drops down two places on Australian pension index

UK drops down two places on Australian pension index

27 October 2016

The UK has dropped from ninth to 11th in this year's Melbourne Mercer Global Pension Index (MMGPI).

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Image for Pension Funds could save £800k per year

Pension Funds could save £800k per year

13 October 2016

Greater transparency of costs and charges could have a significant, positive impact on pension funds, according to The Association of Member Nominated Trustees (AMNT).

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Image for White paper says pension funds can reduce deficit

White paper says pension funds can reduce deficit

06 October 2016

MIDIS reports on the impact private debt market investments could have on UK pension fund liabilities.

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Image for China's  Impact on Australian Real Estate

China's Impact on Australian Real Estate

16 September 2016

Focusing on how China has become enormously important to the Australian economy as its largest export destination, a rapid source of growth in inbound international tourism and migration, plus a strong source of foreign investment.

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Image for Pension Wise to extend service to advise on secondary annuity market

Pension Wise to extend service to advise on secondary annuity market

16 September 2016

The government plans to create further access to Pension Wise for those considering selling their annuities.

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Image for The Case for UK Private Rented Sector

The Case for UK Private Rented Sector

12 September 2016

The UK PRS offers institutions a compelling combination of reliable income growth and robust capital values

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Image for The Chancellor announces plans for the launch of the new Lifetime ISA

The Chancellor announces plans for the launch of the new Lifetime ISA

09 September 2016

The government announces they are close to launching the new Lifetime Savings Account with some firms saying they are ready to offer their own LISAs by April.

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Image for The Case for Investing in US Core Real Estate

The Case for Investing in US Core Real Estate

06 September 2016

Providing efficient access to the diverse U.S. Market

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Image for Beginning of the end for DB schemes, says Hymans Robertson

Beginning of the end for DB schemes, says Hymans Robertson

02 September 2016

The head of corporate consulting at independent consultant Hymans Robertson says Defined Benefit pensions will become a thing of the past.

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Image for Young people struggle to save, says PLSA

Young people struggle to save, says PLSA

26 August 2016

People aged between 18 and 35 feel pressured to save but feel they can't, according to new research from the Pensions and Lifetime Savings Association (PLSA).

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Image for DB schemes will buy £300bn of gilts

DB schemes will buy £300bn of gilts

25 August 2016

A report from pensions specialist Hymans Robertson found demand from DB schemes to transact bulk annuity buy-ins will reach £350bn by 2026.

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Image for European Regional Economic Growth Index 2015

European Regional Economic Growth Index 2015

18 August 2016

LaSalle's annual European Regional Economic Growth Index (E-REGI) identifies European regions with the best economic prospects. Our analysis identifies that European regions, but our interest predominately goes out to the 100 major cities that are discussed in this report.

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Image for BlackRock completes final close for Renewable Income Europe Fund

BlackRock completes final close for Renewable Income Europe Fund

11 August 2016

BlackRock Real Assets has completed the final close for its Renewable Income Europe fund with €650 million in commitments secured from more than 25 institutional investors in Europe and Asia.

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Image for ICI pension fund first to try new risk assessment technology

ICI pension fund first to try new risk assessment technology

04 August 2016

New technology to help pension schemes assess longevity risk is now being used by its first schemes.

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Image for Legal & General to make longevity insurance mainstream

Legal & General to make longevity insurance mainstream

02 August 2016

Legal & General is joining forces with a specialist longevity information service to bring automated longevity insurance pricing to defined benefit (DB) pension schemes.

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Image for L&G completes £750million ICI buy-in

L&G completes £750million ICI buy-in

21 July 2016

The ICI Pension Fund has completed a £750million buy-in with Legal & General.

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Image for UK pension schemes see deficit decrease following Brexit

UK pension schemes see deficit decrease following Brexit

14 July 2016

LDI will have provided pension schemes with some protection after the EU referendum - says Xafinity.

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Image for BlackRock launches alternative income fund for UK DB schemes

BlackRock launches alternative income fund for UK DB schemes

07 July 2016

BlackRock has launched a new income fund for DB schemes which has access to a range of income sources.

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Image for Lifetime ISA 'not a threat'

Lifetime ISA 'not a threat'

07 July 2016

The introduction of the new Lifetime ISA, or LISA, in 2017 could encourage people to save, according to financial education specialist, Wealth at Work.

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Image for Brexit to fuel demand for UK pensions to be moved

Brexit to fuel demand for UK pensions to be moved

30 June 2016

Brexit will be a trigger for people to move their British pensions out of the UK, according to deVere Group CEO Nigel Green.

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Image for Brexit uncertainty leads to increased DB scheme deficit

Brexit uncertainty leads to increased DB scheme deficit

23 June 2016

Uncertainty in the lead up to yesterday's EU referendum led to the UK's collective DB pension deficit increasing to £850bn.

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Image for Smaller pension funds most at risk from volatile market

Smaller pension funds most at risk from volatile market

16 June 2016

The UK's smaller pension funds are more exposed than others to market volatility linked with the forthcoming EU referendum, according to new research.

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Image for Unilever pension chief joins 300 Club

Unilever pension chief joins 300 Club

16 June 2016

Mark Walker, the global chief investment officer and managing director of Unilever's internal pension investment organisation, is the latest new member of the 300 Club.

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Image for 97% of large final salary schemes closed to new members

97% of large final salary schemes closed to new members

26 May 2016

The fourth annual survey of UK defined benefit (DB) schemes with assets over £1billion has found just three per cent are still open to new members.

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Image for PiP reaches £125million for UK infrastructure

PiP reaches £125million for UK infrastructure

28 April 2016

The Pensions Infrastructure Platform (PiP) has secured GBP 125million of pension scheme investor commitments for its PiP multi-strategy fund.

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Image for UK millennials to embrace annuities

UK millennials to embrace annuities

21 April 2016

Younger people intend to include annuities in their retirement strategies, despite sweeping changes to pension rules, a new survey has found.

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Image for Wealthy professionals choose risk over retirement

Wealthy professionals choose risk over retirement

15 April 2016

Wealthy professionals are rejecting retiring at 65 in favour of starting a business, pursuing an alternative career or doing good, according to a new report by UBS Wealth Management.

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Image for PLSA responds to European Commission consultation

PLSA responds to European Commission consultation

08 April 2016

The PLSA has responded to the European Commission's consultation on long-term and sustainable investment.

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Image for Details of Legal & General bulk annuity deal with Kingfisher

Details of Legal & General bulk annuity deal with Kingfisher

01 April 2016

 L&G revealed it had completed the UK's largest medically underwritten bulk annuity with a UK defined benefit pension scheme, in December 2015.

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Image for Will the new Lifetime ISA impact pensions as much as initially feared?

Will the new Lifetime ISA impact pensions as much as initially feared?

24 March 2016

During last week's budget the Lifetime ISA (LISA) was announced and the focus turned to the future of pensions.

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Image for Fund managers should treat climate change as 'significant risk'

Fund managers should treat climate change as 'significant risk'

18 March 2016

Climate change will have far reaching implications for companies and assets that pensions funds invest in, according to chief investment officer at The Pensions Trust, David Adkins.

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Image for PiP launches infrastructure fund

PiP launches infrastructure fund

11 March 2016

The Pensions Infrastructure Platform (PiP) launched the PiP "multi-strategy infrastructure fund" this week with a target size of £1billion.

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Image for Experts divided on flat rate tax relief

Experts divided on flat rate tax relief

03 March 2016

Fundamental changes to tax relief are coming and everyone agrees that an ISA-style system won't work - but is a flat rate the answer?Sara Benwell, digital editor of Pensions Insight and Engaged Investor explores the alternatives.

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Image for Local government pension scheme consultation closes

Local government pension scheme consultation closes

24 February 2016

A government consultation on revoking and replacing LGPS regulation has been welcomed by the Pensions and Lifetime Savings Association.

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Image for M&G launches first investment in European long lease property

M&G launches first investment in European long lease property

19 February 2016

M&G Investment has launched a new fund offering pension funds and other investors the opportunity to invest in European real estate.

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Image for Barnet Waddingham recognised for 'outstanding' customer service

Barnet Waddingham recognised for 'outstanding' customer service

04 February 2016

Barnett Waddingham has been assessed as 'outstanding' for its customer service levels for SIPP and SSAS

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Image for Royal Mail first to receive PASA accreditation

Royal Mail first to receive PASA accreditation

28 January 2016

The Pensions Administration Standards Association (PASA) has announced Royal Mail is the first organisation to achieve reaccreditation.

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Image for Haringey to invest £200m in green fund

Haringey to invest £200m in green fund

21 January 2016

Haringey Borough Council in London has pledged to invest one third of its equity funds into a low carbon fund.

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Image for DB schemes have more than £1trillion of unhedged interest rate exposure

DB schemes have more than £1trillion of unhedged interest rate exposure

14 January 2016

UK defined benefit (DB) schemes have more than £1trillion of unhedged interest rate exposure, despite the value of assets held on bonds nearly tripling over the past decades, new research has revealed.

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Image for Climate change agreement to impact investors

Climate change agreement to impact investors

18 December 2015

Investors needs to consider how the new climate change agreement will change their investment portfolios, according to the head of sustainable funds at Royal London Asset Management.

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Image for Hermes report outlines sustainable strategy

Hermes report outlines sustainable strategy

03 December 2015

Hermes Investment Management, the £29.5billion manager, has published a report outlining how to deliver sustainable, risk adjusted returns.

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Image for LGPS group invests £6.5bn in pooled funds

LGPS group invests £6.5bn in pooled funds

03 December 2015

The Shires, a group of seven UK Local Government Pension Scheme (LGPS) funds, is investing £6.5bn in pooled funds managed by Legal & General

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Image for Autumn statement: Guidance published for pooling LGPS into wealth funds

Autumn statement: Guidance published for pooling LGPS into wealth funds

26 November 2015

The government has published criteria and guidance for pooling the Local Government Pension Scheme (LGPS) into six 'British Wealth Funds' worth at least £25bn each.

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Image for The New Geography of Investing

The New Geography of Investing

20 November 2015

Today's investment environment requires a truly global perspective, a vision that takes into account the changing nature of the world's economies and markets. Because multinational or global companies now represent a driving force in worldwide economic integration, it may no longer be sufficient to follow the traditional paradigm of investing in companies based on their country of domicile. The domicile approach to measuring geographic exposures - one of the primary building blocks of asset allocation - arguably is less relevant and increasingly disconnected from the fundamentals that drive companies and portfolios. We believe an additional way to look at companies, and evaluate portfolios, is to consider where those companies do business, not where they are headquartered - an approach that contributes to a 'new geography of investing'.

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Image for Charities failing to take action on fossil fuels

Charities failing to take action on fossil fuels

13 November 2015

Fewer than a third of UK charities have looked at the debated issue of fossil fuel exclusion, according to the second annual Newton Charity Investment Survey.

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Image for AXA bond to help transition to low carbon

AXA bond to help transition to low carbon

12 November 2015

AXA Investment Mangers has launched a new 'green' bonds fund to provide its investors with access to the growing global green bonds market.

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Image for German city bans fossil fuel investments

German city bans fossil fuel investments

06 November 2015

The City of Munster has become the first German city to ban investments in coal, oil and gas companies in response to climate change.

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Image for Aviva and PSP in joint venture into London real estate

Aviva and PSP in joint venture into London real estate

05 November 2015

Aviva Life & Pensions UK is investing in central London real estate, in a joint venture with one of Canada's largest pension investment managers.

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Image for Half of DB schemes are paying out more than they receive

Half of DB schemes are paying out more than they receive

22 October 2015

Findings of a pensions analysis report show half of FTSE350 DB schemes are already cashflow negative - or soon will be.

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Image for Volatility is the future

Volatility is the future

19 October 2015

William Hague and Stephanie Flanders speaking at the NAPF conference this week talk of volatile times ahead. 

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Image for Swedish national pension funds may drop Volkswagen

Swedish national pension funds may drop Volkswagen

01 October 2015

The third Swedish national pension fund, AP3, has announced plans to drop Volkswagen AG as an investment option as the emissions scandal continues to affect returns.

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Image for Welsh pension funds to merge holdings

Welsh pension funds to merge holdings

25 September 2015

Eight local government pension schemes (LGPS) in Wales are to procure a joint passive equity manager.

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Image for Pensioners pay multi-billion pound income tax bill

Pensioners pay multi-billion pound income tax bill

25 September 2015

UK pensioners pay more than £17.5billion in income tax every year, according to new analysis of recent ONS data by Prudential.

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Image for Legal & General to manage £13bn National Grid assets

Legal & General to manage £13bn National Grid assets

17 September 2015

A long-term strategic partnership between National Grid UK Pension Scheme and Legal & General will oversee £13billion of assets.

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Image for Seven LGPS funds to join forces

Seven LGPS funds to join forces

04 September 2015

A group of seven local government schemes are working together on an initiative for passively managed assets.

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Image for Fossil fuel not the future

Fossil fuel not the future

04 September 2015

Calls for further divestment from fossil fuels came from environmental leaders at a conference on divestment in France.

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Image for DB pension transfer requests double

DB pension transfer requests double

27 August 2015

Pension transfer requests from DB schemes to DC schemes have doubled since the pension reform in April, according to research from one provider.

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Image for Norwegian fund divestment over environmental concerns

Norwegian fund divestment over environmental concerns

20 August 2015

Norway's sovereign wealth fund is removing four Asian companies from its investment portfolio for ethical reasons.

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Image for BT to invest £1bn in private equity

BT to invest £1bn in private equity

13 August 2015

BT's pension scheme is investing GBP 1bn in private equity through Hermes.

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Image for Manchester pension fund invests £10m in renewable energy

Manchester pension fund invests £10m in renewable energy

13 August 2015

Greater Manchester Pension Fund (GMPF) has committed GBP 10bn to community-scale renewable energy projects.

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Image for Northern firms make the most generous pension contributions

Northern firms make the most generous pension contributions

07 August 2015

More than a quarter of SMEs in the north of the country are planning to pay more than the minimum auto-enrolment contributions.

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Image for PIP secures £1bn for investment into UK infrastructure

PIP secures £1bn for investment into UK infrastructure

10 July 2015

The Pensions Infrastructure Platform (PIP) has secured more than £1bn of commitments from pension schemes to invest into UK infrastructure.

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Image for Staffordshire Housing Association in £22m deal with M&G Investments

Staffordshire Housing Association in £22m deal with M&G Investments

09 July 2015

M&G investments has struck a deal with a housing association to secure long-term cash flows for its pension fund clients.

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Image for Four UK pension schemes commit to PV Fund

Four UK pension schemes commit to PV Fund

26 June 2015

The Pensions Infrastructure Platform (PiP) and Aviva Investors have today announced first close on the solar photovoltaics (PV) fund.

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Image for NAPF concern over secondary annuity market

NAPF concern over secondary annuity market

25 June 2015

The National Association of Pension Funds (NAPF) has expressed a number of concerns in response to HM Treasury's consultation, 'Creating a Secondary Annuity Market'.

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Image for Pension liabilities outstrip GDP for the first time, says Hymans Robertson

Pension liabilities outstrip GDP for the first time, says Hymans Robertson

18 June 2015

Figures released this week from independent pensions, benefits and risk consultancy Hymans Robertson, show that the financial cost of settling liabilities has reached £2tn.

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Image for Aviva Investors completes new funding arrangement for 307 homes

Aviva Investors completes new funding arrangement for 307 homes

11 June 2015

Global asset manager Aviva Investors has announced a new funding agreement with Genesis Housing Association.

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Image for June 5th, Divestment day for Norway

June 5th, Divestment day for Norway

05 June 2015

As fossil fuel divestment becomes one of the fastest campaigns of its kind in history the world's largest pension fund is set to divest from coal.

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Image for Diversified growth funds see fivefold growth

Diversified growth funds see fivefold growth

28 May 2015

Assets in Diversified Growth Funds (DGFs) have grown almost fivefold in five years, according to figures from investment consultant Punter Southall.

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Image for Aviva completes Social Housing Fund arrangement in North Wales

Aviva completes Social Housing Fund arrangement in North Wales

21 May 2015

Global asset manager Aviva has completed a new funding arrangement for 177 affordable homes in Wales.

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Image for Falkirk pension fund to benefit from social housing grant

Falkirk pension fund to benefit from social housing grant

07 May 2015

A multi-million pound grant for a social housing initiative in Falkirk, Scotland has been brought forward, generating additional income for the council's pension fund.

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Image for Global debate on fossil fuel divestment heats up

Global debate on fossil fuel divestment heats up

07 May 2015

Fossil fuel divestment is hitting the headlines once again this week.

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Image for RWC launched Japan Focus Fund

RWC launched Japan Focus Fund

01 April 2015

Investment manager RWC Partners has launched RWC Nissay Japan Focus Fund, which has day one investors totaling approximately $40m with a significant pipeline.

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Image for F&C Investments appointed by Dutch supermarket pension fund

F&C Investments appointed by Dutch supermarket pension fund

26 March 2015

Coop Pensioenfonds has appointed F&C Investments, part of BMO Global Management, to manage its liability matching portfolio.

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Image for Pension Protection Fund sells £150m stake in Harworth Estates Property Group

Pension Protection Fund sells £150m stake in Harworth Estates Property Group

26 March 2015

The PPF has sold its stake in Harworth Estates, the property group split from UK Coal, back to Coalfield Resources.

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Image for London Assembly votes to divest from fossil fuels

London Assembly votes to divest from fossil fuels

12 March 2015

The London Assembly has today passed a motion calling on City Hall and the London Pension Fund Authority to divest from fossil fuels.

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Image for Morgan Advanced Materials appoints BlackRock to manage £200m assets

Morgan Advanced Materials appoints BlackRock to manage £200m assets

12 March 2015

The trustees of Morgan Advanced Materials' pension schemes - The Morgan Pension Scheme and The Morgan Group Senior Staff Pension and Life Assurance Scheme - have appointed BlackRock as fiduciary manager for their combined assets of around £200 million.

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Image for Pension funds play key role in Eurostar buy out

Pension funds play key role in Eurostar buy out

05 March 2015

A group of British pension funds have secured 10 per cent of rail company Eurostar as the UK government sold off its share of the company for GBP 585.1m.

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Image for Danish funds to divest from fossil fuels

Danish funds to divest from fossil fuels

05 March 2015

Danish academics, engineers and lawyers are set to vote on divesting their €32bn (£23bn) pension funds from the fossil fuels that drive climate change.

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Image for Deloitte launched defined benefit pensions master trust

Deloitte launched defined benefit pensions master trust

26 February 2015

A multi-employer pension plan specifically for defined benefit (DB) schemes has been launched by Deloitte.

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Image for MPs' pension pot under threat from 'carbon bubble'

MPs' pension pot under threat from 'carbon bubble'

20 February 2015

The GBP 478million Parliamentary Contributory Pension Fund is in danger of taking a financial hit if they do not divest from fossil fuels, a group of MPs and Lords has warned.

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Image for EU launches landmark green paper

EU launches landmark green paper

20 February 2015

The European Commission has launched its landmark project to unlock funding for businesses in Europe.

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Image for UK pension funds push for responsible investment

UK pension funds push for responsible investment

13 February 2015

Sixteen of the UK's largest pension funds have joined forces to ensure asset managers fulfil the promises they make regarding responsible investment.

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Image for ECB quantitative easing announcement provokes mixed response

ECB quantitative easing announcement provokes mixed response

29 January 2015

Industry experts are divided over whether the impact of the larger than expected quantitative easing plans announced by the European Central Bank (ECB) will be positive.

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Image for Bedfordshire joins Glasgow in fossil fuel commitment

Bedfordshire joins Glasgow in fossil fuel commitment

23 January 2015

The University of Bedfordshire has become the second higher education institution in the UK to commit to not investing in the fossil fuel industry.

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Image for Emerging markets present good opportunity for 2015

Emerging markets present good opportunity for 2015

15 January 2015

Emerging markets expert Ashmore has urged investors to keep sight of the big picture despite global volatility in the year ahead.

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Image for M&G Investments acquires £173.4million Gala Bingo Portfolio

M&G Investments acquires £173.4million Gala Bingo Portfolio

08 January 2015

International investments manager M&G has completed a sale and lease back deal with Gala Leisure Limited on a portfolio of 47 bingo clubs.

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Image for M&G funds £4.9billion of private financing deals

M&G funds £4.9billion of private financing deals

18 December 2014

Diversifying funding sources has been a driving force behind investors' re-financing decisions this year, according to investment manager M&G Investments.

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Image for Global survey finds investors confident despite market risks

Global survey finds investors confident despite market risks

18 December 2014

A survey of institutional investors that collectively manage $31trillion in assets has found confidence is high across the globe when it comes to meeting long-term objectives.

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Image for Allianz Global invests in refinancing of student accommodation

Allianz Global invests in refinancing of student accommodation

11 December 2014

Diversified global investment manager, Allianz Global Investors (AllianzGI), has invested £119.7 million in the refinancing of the student accommodation project at the University of Exeter.

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Image for First stage of ground-breaking pension partnership launches

First stage of ground-breaking pension partnership launches

05 December 2014

Lancashire County Pension Fund and the London Pensions Fund Authority have announced the first stage in the development of a ground-breaking Asset and Liability Management Partnership.

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Image for US students demand divestment from fossil fuels

US students demand divestment from fossil fuels

01 December 2014

Students in Washington took part in the largest on-campus demonstration in the history of the divestment movement to demand that administrators divest from fossil fuels.

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Image for Rothesay Life announces £185m Makro bulk annuity

Rothesay Life announces £185m Makro bulk annuity

13 November 2014

Rothesay Life has completed a bulk annuity with a pension scheme for former staff of the cash & carry chain, Makro.

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Image for UN secretary general advises pension funds to divest from fossil fuels

UN secretary general advises pension funds to divest from fossil fuels

06 November 2014

The United Nations has become the latest voice calling on pension funds to cut investments in oil companies and other fossil fuel businesses in a bid to tackle climate change.

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Image for Non-disclosure agreements are an 'outrage'

Non-disclosure agreements are an 'outrage'

31 October 2014

Questions have been raised about the fairness of non-disclosure agreements between asset managers and pension funds.

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Image for Danish get tough on hedge funds

Danish get tough on hedge funds

23 October 2014

New rules to clampdown on the pensions industry's dealings with hedge funds are being introduced in Denmark.

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Image for Greens call for fossil fuel divestment

Greens call for fossil fuel divestment

23 October 2014

Green Party MP Caroline Lucas has called on the £487m Parliamentary Contributory Pension Fund to pull its investments out of fossil fuels and shift them to sustainable sources.

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Image for African investment is the future,' Sir Bob tells NAPF conference

African investment is the future,' Sir Bob tells NAPF conference

16 October 2014

Fund managers were urged by Sir Bob Geldof to focus their attention on Africa instead of China at this week's annual conference of the National Association of Pension Funds (NAPF).

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Image for Danish investors back €1bn energy saving infrastructure

Danish investors back €1bn energy saving infrastructure

09 October 2014

A new infrastructure fund focussing on European and US energy assets has received DKK8bn (€1.05bn) from six Danish pension funds and two banks.

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Image for Hedge funds trimmed by top pension funds

Hedge funds trimmed by top pension funds

02 October 2014

Two of the UK's largest pension funds are reducing exposure to hedge funds to the tune of several billion.

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Image for Industry veteran to head Pensions Infrastructure Platform

Industry veteran to head Pensions Infrastructure Platform

25 September 2014

The UK's National Association of Pension Funds (NAPF) has appointed industry veteran Mike Weston as chief executive of Pensions Infrastructure Platform (PIP).

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Image for New UN coalition to reduce carbon footprint of 500bn dollars

New UN coalition to reduce carbon footprint of 500bn dollars

25 September 2014

Leading European pension funds are joining forces with the United Nations Environment Programme and its Finance Initiative (UNEP FI) to reduce the carbon footprint of $500bn of worldwide institutional investment.

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Image for The Real Estate Investable Universe 2014

The Real Estate Investable Universe 2014

19 September 2014

In our latest Real Estate Investable Universe update, we estimate that institional investors – one third of them public real estate companies – own $7.6 trillion of commercial real estate, approximately 16% of the total value of global commercial real estate. This absolute size estimate, and its segmentation for different owner types and across countries, provides a baseline for assessing property allocations and the impact of capital market flows on real estate.

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Image for LPFA to fund London housing development

LPFA to fund London housing development

18 September 2014

The London Pensions Fund Authority (LPFA) has been appointed to finance 85% of a housing project in East London.

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Image for Passive funds could improve pension scheme returns

Passive funds could improve pension scheme returns

18 September 2014

Large pension funds could get an additional £3.8m return per year if they invest through passive funds rather than active funds because they are cheaper and perform better, research has revealed.

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Image for Student Accommodation in the UK

Student Accommodation in the UK

16 September 2014

Introduction – What is UK Student accommodation?

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Image for Pension Plans and Real Estate

Pension Plans and Real Estate

15 September 2014

Pension plans are evolving, and the vehicles they use to invest in real estate are adapting alongside them. All pension systems have the same goal: providing retirement income. But they reach this goal by many different paths.

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Image for ISA Global Overview

ISA Global Overview

02 September 2014

In this video, LaSalle Investment Managementgives a global overview of the economic recovery.

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Image for DC schemes to change default investment strategy design

DC schemes to change default investment strategy design

27 August 2014

Nearly 66% of trustees are looking to change their default strategy within the next 18 months following the Budget 2014 pension reforms, according to research by SEI.

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Image for Pension scheme funding improvements prompts new approaches

Pension scheme funding improvements prompts new approaches

22 August 2014

Defined benefit (DB) pension schemes should be changing their approach and diverting sponsor contributions into alternative financing strategies as schemes climb towards a healthier funding status.

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Image for BoE examines structural trends in investment allocation by pension funds

BoE examines structural trends in investment allocation by pension funds

31 July 2014

The Bank of England (BoE) has published a discussion paper which examines trends in the investment decisions of insurance companies and pension funds.

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Image for Pensions Institute calls for full disclosure on investment fees

Pensions Institute calls for full disclosure on investment fees

28 May 2014

The "visible and hidden" costs of investment management should be fully disclosed, the Pensions Institute has said.

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Image for UK pension schemes miss out on £1.7bn in potential returns

UK pension schemes miss out on £1.7bn in potential returns

21 May 2014

Pension schemes in the UK are losing out on £1.7bn in potential annual returns by accepting passive-style performance from actively managed funds.

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Image for UK schemes' pace of exit from equities slows

UK schemes' pace of exit from equities slows

15 May 2014

UK pension schemes have reduced their equity exposure by only 2% over 2013, which is the slowest rate since the financial crisis, Mercer has said.

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Image for PFZW enters into risk sharing deal with Rabobank

PFZW enters into risk sharing deal with Rabobank

20 March 2014

Pensioenfonds Zorg en Welzijn (PFZW) has entered into a risk sharing transaction with Rabobank concerning a portfolio of corporate loans to help stimulate the Dutch economy.

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Image for UK pension assets hit record high in 2013

UK pension assets hit record high in 2013

05 February 2014

UK institutional pension fund assets grew over 13% during 2013, hitting an all-time high of over £2trn, Towers Watson has said.

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Image for FTSE 100 pension schemes continue to shift equities into bonds

FTSE 100 pension schemes continue to shift equities into bonds

04 February 2014

FTSE 100 companies pension schemes are continuing the shift from equities into bonds despite the recent rally in the equity market, JLT Employee Benefits (JLT EB) has found.

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Image for Storebrand excludes ten more coal companies

Storebrand excludes ten more coal companies

29 January 2014

Norwegian pension fund Storebrand has excluded ten companies in the utilities sector as a result of a decision to further reduce its investments in coal.

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Image for Devon Pension Fund invests in infrastructure fund

Devon Pension Fund invests in infrastructure fund

15 January 2014

Devon County Council Pension Fund has announced that it is committing to invest £40m in Aviva Investors' returns enhancing and liability matching (REaLM) strategies, as part of a recent increase in allocation to infrastructure investments.

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Image for PensionDanmark invests in new climate investment fund

PensionDanmark invests in new climate investment fund

14 January 2014

PensionDanmark has announced that it is investing DKK200m in the Danish Climate Investment Fund.

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Image for PGGM divests from five Israeli banks

PGGM divests from five Israeli banks

09 January 2014

PGGM has decided to divest from five Israeli banks because they are involved in financing Israeli settlements in the occupied Palestinian territories, the Dutch pension fund manager has said.

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Image for PIC invests in second Manchester PFI bond

PIC invests in second Manchester PFI bond

07 January 2014

Pension Insurance Corporation (PIC) has invested £74m in a PFI project to enable Manchester City Council to begin a regeneration scheme.

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Image for PRI to appoint independent advisor for governance review

PRI to appoint independent advisor for governance review

06 January 2014

The Principles for Responsible Investment (PRI) Initiative is planning to appoint an external independent advisor to review the organisation's governance.

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Image for Danish pension funds leave PRI organisation

Danish pension funds leave PRI organisation

17 December 2013

Six Danish pension funds have decided to leave the private organisation behind the UN-backed Principles for Responsible Investment (PRI).

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Image for LPFA and Adveq co-invest in Secured Mail

LPFA and Adveq co-invest in Secured Mail

11 December 2013

The London Pensions Fund Authority (LPFA) and global private equity investor Adveq have co-invested in a UK postal operator with growth capital investor Next Wave Partners.

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Image for PensionDanmark invests £153m in UK wind farms

PensionDanmark invests £153m in UK wind farms

04 December 2013

PensionDanmark is set to invest approximately £153m in six wind farms in the UK which are owned by Falck Renewables.

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Image for Ontario Teachers' Pension Plan agrees to buy UK biscuit maker

Ontario Teachers' Pension Plan agrees to buy UK biscuit maker

21 November 2013

Ontario Teachers' Pension Plan (OTPP) has announced an agreement to buy a large biscuit maker in the UK.

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Image for USS invests in The Airline Group

USS invests in The Airline Group

20 November 2013

Universities Superannuation Scheme Limited (USS) has announced that it will acquire a 49.9% non-controlling stake in The Airline Group Limited.

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Image for Pension funds must become 'climate conscious investors'

Pension funds must become 'climate conscious investors'

31 October 2013

Pension funds in the UK must do more to recognise the growing financial risks of climate change, non-governmental organisations (NGOs) and unions have said.

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Image for Pension funds should change poor-performing investment approach

Pension funds should change poor-performing investment approach

25 October 2013

Defined benefit (DB) schemes in the UK could be losing millions of pounds in high costs and poor fund performance if they adopt static asset allocations using active fund managers, an investment adviser has said.

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Image for Law Commission publishes review of fiduciary duties

Law Commission publishes review of fiduciary duties

23 October 2013

A consultation paper reviewing how 'fiduciary duties' apply to investment intermediaries has been published by the Law Commission and welcomed by the National Association of Pension Funds (NAPF).

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Image for Trustees increasingly willing to consider alternative assets

Trustees increasingly willing to consider alternative assets

08 October 2013

Pension scheme trustees are increasingly willing to consider a wider range of asset classes than has previously been the case, Aon Hewitt has found.

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Image for Swedish AP funds divest from 4 companies

Swedish AP funds divest from 4 companies

02 October 2013

Sweden's state-managed funds have announced that they will divest their holdings in Walmart, Freeport McMoRan, Incitec Pivot and Potash due to ethical concerns.

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Image for AE debate must now focus on how the money is invested

AE debate must now focus on how the money is invested

01 October 2013

One year into the auto-enrolment project the focus should now shift to how the money will be invested, AllianceBernstein has said.

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Image for Schemes increased hedging activity in Q2 2013

Schemes increased hedging activity in Q2 2013

26 September 2013

Pension scheme hedging activity increased in Q2 2013 following potential concerns of a rise in inflation and large rise in rates in the second half of the quarter, F&C Investments has found.

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Image for Dutch funds invest 14% domestically

Dutch funds invest 14% domestically

30 August 2013

Dutch pension funds invested over 14% of €960bn pension assets domestically at the end of March this year, a survey has revealed.

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Image for UK schemes have a "narrow view" of property investment

UK schemes have a "narrow view" of property investment

25 July 2013

Many UK schemes are not approaching their property investment in the right way and are missing out on better returns or taking more risk than necessary, an investment adviser has said.

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Image for UK schemes plan to increase or retain fixed income exposure

UK schemes plan to increase or retain fixed income exposure

25 July 2013

Nearly two out of three UK pension fund managers plan to retain or increase their current exposure to fixed income over the next three years despite uncertainty about the prospects for the asset class, research from Aquila Capital has found.

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Image for BT Pension Scheme enters partnership with Canada Pension Plan

BT Pension Scheme enters partnership with Canada Pension Plan

25 July 2013

The Canada Pension Plan Investment Board (CPPIB) and the BT Pension Scheme (BTPS) have formed a 50:50 joint property venture.

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Image for Pension funds are failing to manage cash flow effectively

Pension funds are failing to manage cash flow effectively

25 July 2013

Almost one third of defined benefit (DB) schemes already expect to be cash flow negative this year and the trend is expected to increase, according to the findings of a survey of UK DB schemes.

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Image for Growing confidence in frontier markets

Growing confidence in frontier markets

11 July 2013

Nearly one in five pension fund managers believe that frontier markets have the biggest potential for equity gains over the next ten years, research by Baring Asset Management (Barings) has found.

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Image for Pension funds continue to have "faith" in alternative assets

Pension funds continue to have "faith" in alternative assets

08 July 2013

Pension fund alternative assets allocations now account for around 19% of all pension fund assets globally, a Towers Watson study has found.

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Image for Storebrand divests from fossil fuel firms

Storebrand divests from fossil fuel firms

08 July 2013

Norwegian pension fund and life insurance firm Storebrand has excluded 13 coal and six oil sands companies from all investments following the latest sustainability analysis of the energy sector.

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Image for PMI collaborates with Mott MacDonald

PMI collaborates with Mott MacDonald

04 July 2013

The Pensions Management Institute (PMI) has entered into a partnership with an engineering, management and development consultancy.

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Image for PFZW shuns tobacco industry

PFZW shuns tobacco industry

02 July 2013

Pensioensfonds Zorg en Welzijn (PFZW) has excluded tobacco products from its investments, the Dutch fund announced.

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Image for PPF enhances its responsible investment framework

PPF enhances its responsible investment framework

24 June 2013

The Pension Protection Fund (PPF) reinforced its commitment to responsible and sustainable investing by enhancing its Responsible Investment (RI) framework.

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Image for PensionDanmark to invest $200m in Cape Wind

PensionDanmark to invest $200m in Cape Wind

21 June 2013

PensionDanmark announced that it will be investing $200m in America's first offshore wind farm.

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Image for LDI market increases by 11% in 2012

LDI market increases by 11% in 2012

18 June 2013

The liability driven investment (LDI) market rose by 11% in 2012 to cover £446bn of UK pensions scheme liabilities, a KPMG survey has revealed.

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Image for Liability shortfall still drives "significant" investment strategy changes

Liability shortfall still drives "significant" investment strategy changes

11 June 2013

Major changes in investment strategy are still being driven by a liability shortfall, a new survey has revealed.

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Image for Canadian pension fund partners with Crown Estate in development deal

Canadian pension fund partners with Crown Estate in development deal

29 May 2013

The Crown Estate, which manages property on behalf of the Queen, will be working with a major Canadian pension fund in a £320m partnership to develop an area in central London.

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Image for Local authority pension funds create 'investing for growth' initiative

Local authority pension funds create 'investing for growth' initiative

24 May 2013

Five local authority pension funds are seeking expressions of interest from asset managers in a new investment initiative to deliver financial returns and create a positive economic impact.

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Image for NAPF launches responsible investment guide

NAPF launches responsible investment guide

21 May 2013

A new guide has been launched by the National Association of Pension Funds (NAPF) to encourage its members to invest responsibly by considering 'extra-financial factors'.

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Image for DC schemes need better diversification

DC schemes need better diversification

20 May 2013

Defined contribution (DC) members are receiving "inferior" investment services compared to defined benefit (DB) members through a more restricted access to asset classes, a report stated.

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Image for Danish pension funds support PPPs for infrastructure projects

Danish pension funds support PPPs for infrastructure projects

15 May 2013

Infrastructure projects in Denmark should be based on public-private partnerships (PPPs), a new report from Danish pension funds has revealed.

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Image for PIP begins search for investment managers

PIP begins search for investment managers

07 May 2013

The Pensions Infrastructure Platform (PIP) will soon begin its search for investment managers to look after some, or all, of the PIP's target £2bn assets.

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Image for Pension funds need agile investment strategies, says Aon Hewitt

Pension funds need agile investment strategies, says Aon Hewitt

30 April 2013

Pension funds need to remain agile in their investment strategies, Aon Hewitt has said.

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Image for LGPS encouraged to invest in UK residential property

LGPS encouraged to invest in UK residential property

26 April 2013

UK residential property should be included in local government pension schemes' (LGPS) multi-asset portfolios, said a residential property fund manager.

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Image for Dairy Crest pays for scheme with cheese

Dairy Crest pays for scheme with cheese

19 April 2013

Dairy Crest Group Pension Fund's liabilities have been backed by £60m worth of the company's maturing cheese, it has been revealed.

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Image for UK DB schemes to reduce equities in 2013

UK DB schemes to reduce equities in 2013

15 April 2013

Over one third of UK defined benefit (DB) schemes plan to reduce their exposure to domestic equities in 2013 and one third are looking to increase diversification into alternative assets, according to a new survey.

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Image for Great rotation theory is misleading, says strategist

Great rotation theory is misleading, says strategist

04 April 2013

The term 'great rotation', where institutional asset allocations are switched from bonds to equities, is misleading and there is little evidence to support it, said a strategist from Legal & General Investment Management (LGIM).

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Image for Fiduciary Management Insights Overview 2013

Fiduciary Management Insights Overview 2013

03 April 2013

During 2012, Ernst & Young hosted a series of four webcasts to introduce pension trustees and company representatives to the concept of fiduciary management. In all, over 500 individuals participated in these webcasts. During the webcasts, we asked participants for their thoughts on a variety of subjects.

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Image for Pension fund investment helps finance green infrastructure project

Pension fund investment helps finance green infrastructure project

25 March 2013

Pension fund investment has helped to secure a transaction to fund what is expected to be one of the UK's largest NHS energy centres.

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Image for Launch of new ethical target date fund range

Launch of new ethical target date fund range

22 March 2013

Target date funds are now becoming part of the landscape, said AllianceBernstein at the launch of its new range of ethical target date funds for the UK defined contribution (DC) market.

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Image for Infrastructure project secures 10th pension fund

Infrastructure project secures 10th pension fund

18 February 2013

A new initiative to support pension funds investing in infrastructure has now secured ten funds as founding investors, and reached £1bn of investment capital.

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Image for Norwegian Pension Fund makes first US real estate investment

Norwegian Pension Fund makes first US real estate investment

12 February 2013

The Norwegian Pension Fund Global has made its first real estate investment in the US, buying almost 50% of five office properties owned by TIAA-CREF.

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Image for More pension funds set to use ETFs

More pension funds set to use ETFs

29 January 2013

New research from State Street Global Advisors (SSgA) reveals that nearly half of European pension funds and fund managers plan to increase allocation to exchange trading funds (ETFs) over the next five years.

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Image for School shooting sparks US pension investment debate

School shooting sparks US pension investment debate

18 January 2013

Several US pension funds are announcing that they are, or are considering, divesting from certain arms manufacturers, in light of the Connecticut school atrocities that occurred last month.

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Image for Investment firm sets up 3.0 investment model

Investment firm sets up 3.0 investment model

17 January 2013

A new asset management firm has been formed to proactively engage with the companies it invests in, a practice they have coined 'ownership investing'.

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Image for LGPS might get more freedom to invest in infrastructure

LGPS might get more freedom to invest in infrastructure

06 November 2012

The UK government is launching a consultation looking at the possibility of giving local authority pension schemes more freedom to invest in infrastructure. The move would pave the way for a possible £22bn cash injection into UK infrastructure projects.

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Image for New report shows effects of DB scheme deficits on UK business investment

New report shows effects of DB scheme deficits on UK business investment

05 November 2012

The high levels of defined benefit (DB) pension scheme deficits are hampering the ability of UK companies to invest in their business, according to new research published this week.

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Image for QE impact on pension funds "exaggerated"

QE impact on pension funds "exaggerated"

02 November 2012

The overall impact of quantitative easing (QE) on pension funds has been "exaggerated" according to consultancy firm Towers Watson.

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Image for Trustees still believe in equities

Trustees still believe in equities

02 November 2012

Trustees and pension fund executives, representing schemes with assets in excess of £90bn, voted overwhelmingly in favour of equities still playing a vital role in closed DB schemes at a recent Pension Investment Academy (PIA) debate held in London.

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Image for Pension Protection Fund "in good shape"

Pension Protection Fund "in good shape"

23 October 2012

Despite difficult economic conditions, the Pension Protection Fund (PPF) says it remains in good shape to face future challenges and is confident that it can continue to look after its members' futures.

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Image for NAPF and PPF name PIPs founding investors

NAPF and PPF name PIPs founding investors

18 October 2012

The NAPF and PFF today announced the first schemes which have come on board as founding investors in the Pensions Infrastructure Platform (PIP).

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Image for "UK pension schemes not fully de-risked until after 2040"

"UK pension schemes not fully de-risked until after 2040"

16 October 2012

On current trends it will be around 2040 before UK private-sector defined benefit (DB) pension schemes can fully de-risk unless they consider alternative strategies, according to Towers Watson.

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Image for Manchester council pension fund signs groundbreaking house building scheme

Manchester council pension fund signs groundbreaking house building scheme

25 September 2012

The Greater Manchester Pension Fund has signed a deal with town hall chiefs that will see £25m of pension cash fund house building in a bid to revitalise the region's ailing housing market.

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Image for UK pension schemes warned of "investment blind spot"

UK pension schemes warned of "investment blind spot"

10 September 2012

Aon Hewitt's 2012 Delegated Investment survey shows governance issues are still affecting the investment approach of pension schemes.

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Image for Pension funds remain under-invested in emerging markets, says L&G

Pension funds remain under-invested in emerging markets, says L&G

06 September 2012

Legal & General Investment Management (LGIM) says long-term investors remain under-invested in emerging markets and do not use the opportunities at hand.

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Image for Pension schemes drive inflation hedging levels to new record

Pension schemes drive inflation hedging levels to new record

30 August 2012

The volume in inflation hedging transactions carried out for liability hedging purposes hit a new record high in the second quarter of this year, according to F&C's Liability Driven Investment (LDI) survey.

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Image for Government infrastructure fund on track to launch early next year

Government infrastructure fund on track to launch early next year

26 July 2012

The first multi-billion pound infrastructure fund in the UK to be funded by pension scheme investors seems to be on track to be launched early 2013 as the pensions industry has shown strong support for the plans.

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Image for Pension schemes want infrastructure investment cap removed

Pension schemes want infrastructure investment cap removed

26 July 2012

Local government pension schemes around the country are willing to invest in infrastructure as suggested by the government but say the current cap on such investments will have to be removed or changed before they are able to do so.

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Image for Pension funds make Australian real estate project possible

Pension funds make Australian real estate project possible

09 July 2012

The Canada Pension Plan Investment Board, the investment side of the Canadian state retirement plan (Canadian Pension Plan - CPP), has committed itself to making its largest real estate investment up to date with a CAD 1bn (£632m) investment in an Australian real estate project.

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Image for Pension schemes' interest in LDI strategies grows

Pension schemes' interest in LDI strategies grows

25 June 2012

A new study reports that the number of UK pension schemes that move away from investments in equities and more towards alternative and liability matching assets, is likely to increase "significantly" over the next three years.

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Image for World's fourth largest pension scheme opens office in London

World's fourth largest pension scheme opens office in London

25 June 2012

The fourth largest pension scheme in the world, the South Korean state pension fund (NPS) has opened a new office in London. The scheme holds assets worth $320bn according to the latest data held by Pension Funds Online. The move is designed to expand the scheme's international portfolio of assets.

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Image for Korea's National Pension Fund to increase domestic stock exposure

Korea's National Pension Fund to increase domestic stock exposure

22 June 2012

South Korea's National Pension Service (NPS), one of the world's largest pension schemes, plans to buy KRW 6.6tn (£3.6bn) in domestic equities next year.

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Image for Pension schemes pull back from infrastructure

Pension schemes pull back from infrastructure

08 June 2012

A leading publication for infrastructure finance and investment published its proprietary ranking of the 30 largest infrastructure investors by size this week, revealing the total figure for direct infrastructure investment by pension funds has decreased to $49.46bn this year from $53.9bn last year.

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Image for BT Pension Scheme acquires a minority stake in Thames Water

BT Pension Scheme acquires a minority stake in Thames Water

08 June 2012

The BT Pension Scheme has agreed to acquire a 13% stake in Thames Water through a shareholding in Kemble Water Holdings Limited in order to increase its exposure to domestic infrastructure investments that have a natural linkage to UK inflation.

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Image for European pension funds move away from equities as Euro-zone crisis deepens

European pension funds move away from equities as Euro-zone crisis deepens

31 May 2012

Pension fund allocations to equities are increasingly replaced with alternatives as European investors seek to cover themselves from the increasing volatility created by the Euro-zone crisis, Mercer's annual European Asset Allocation Survey says.

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Image for Consolidate pension funds and take advantage of British infrastructure, says Canadian pensions boss

Consolidate pension funds and take advantage of British infrastructure, says Canadian pensions boss

24 May 2012

The head of one of the world's largest pension funds, the Canadian Pension Plan Investment Board (CPPIB), called upon UK-based pension funds to consolidate in order to "build funds of sufficient scale and capability to become true long-horizon investors".

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Image for Schemes explore de-risking strategies as DB membership falls sharply

Schemes explore de-risking strategies as DB membership falls sharply

22 May 2012

A new industry report from Clear Path Analysis states that pension schemes are exploring de-risking strategies as DB membership falls sharply.

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Image for Tesco to manage own pension scheme in bid to up returns

Tesco to manage own pension scheme in bid to up returns

11 May 2012

Tesco, one of the world's largest retailers, says it will manage its own pension scheme - one of the largest final salary schemes in the UK - in order to maximise returns and become independent of consultants.

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Image for PMI partners with Aberdeen Asset Management to extend advice on Emerging Markets

PMI partners with Aberdeen Asset Management to extend advice on Emerging Markets

11 May 2012

The Pensions Management Institute (PMI) and Aberdeen Asset Management announced that they will join forces in an expert partnership in order to deliver high quality information and guidance to the industry about investing in emerging markets.

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Image for Pension and  healthcare costs threaten US debt  calamity

Pension and healthcare costs threaten US debt calamity

26 April 2012

Demographic challenges and poor economic prospects threaten to send the next US administration into posting uncontrollable deficit figures, according to Legal & General Investment Management.

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Image for Asset manager APG to increase Asia property investments for ABP pension scheme

Asset manager APG to increase Asia property investments for ABP pension scheme

24 April 2012

Dutch asset manager APG, which manages about €299bn for the Netherlands' civil servant pension scheme ABP, said it will increase investments in Asian properties to tap economic growth in the region, according to a report from Bloomberg.

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Image for Ken Livingstone aims to call upon pension funds to build London's future

Ken Livingstone aims to call upon pension funds to build London's future

18 April 2012

Ken Livingstone, candidate for the role of Mayor of London, said he would call upon pension funds to help fund infrastructure projects in the capital if he wins the elections on 3 May.

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Image for Catastrophe bonds try to break new ground in pensions despite rift of opinion

Catastrophe bonds try to break new ground in pensions despite rift of opinion

17 April 2012