UK pension fund assets overtake Japan’s UK institutional pension fund assets are now over £2 trillion, up 13% in the year, and now exceed those of... February 1, 2014 News Alcentra completes unitranche in packaging business Alcentra, a unit of BNY Mellon specialising in sub-investment grade corporate credit, has completed a unitranche investment in Chesapeake’s Plastic... February 1, 2014 Round-Up Cornwall hires two managers for frontier market equities The £1.4 billion Cornwall Pension Fund has split a £60 million active frontier market equities mandate between Advance Emerging Capital... February 1, 2014 News Allianz takes the high road to Scottish infrastructure Allianz Global Investors (AllianzGI) has announced a £175 million investment in a major Scottish road project on behalf of a... February 1, 2014 News Brandywine sees opportunity in equity-like bonds Fund manager Brandywine has said equity-like bonds and higher yielding sovereigns in developing markets offer good opportunities in 2014. Regina Borromeo,... February 1, 2014 Round-Up Global assets to top $100 trillion by 2020 According to consulting firm PwC, global assets under management will grow at an annual compound growth rate of 6% to... February 1, 2014 News Emerging markets to struggle in the short-term Fund manager MFS has warned that emerging markets could struggle to make progress against the US dollar this year, following... February 1, 2014 News FCA warns investors following £22.9 million fine for State Street The Financial Conduct Authority (FCA) has advised pension funds and other investors to ensure that their controls over transition management... February 1, 2014 News Government bond yields to edge higher Government bond yields will rise but investors should not expect a sharp jump in borrowing costs according to Paul Brain,... February 1, 2014 News Are there alternative homes for cash? The investment of short-term cash has become more difficult in recent times as returns have fallen whilst risks have risen.... Alistair Wilson Head of Institutional Business TwentyFour Asset Management February 1, 2014 Comment