Report
-
December, 2019
Border to Coast launches alpha fund
Border to Coast Pensions Partnership, one of the largest UK public sector pension pools with assets worth £45 billion, has launched its global equity alpha fund, with assets of £5 billion. This brings Border to Coast’s assets under management to approximately £15 billion, excluding commitments to private markets of £1.8 billion that are currently ...
Read More -
December, 2019
Brunel picks high alpha equity managers
Brunel Pension Partnership has awarded mandates to five managers for its global high alpha sub-fund. “We regard global high alpha equities as one of our pivotal products. Brunel’s listed markets team has designed a world-class portfolio and selected the ideal balance of management styles to accomplish it,” said Matt Betts, senior investment officer ...
Read More -
December, 2019
FTSE350 DB schemes see largest fall in contributions
Actual spending by FTSE350 firms on defined benefit (DB) pensions has fallen from £19 billion to £15 billion, according to analysis in Hymans Robertson’s 2019 FTSE 350 DB Pensions Report. This is the largest year-on-year fall in the last 10 years. In a year that has seen the Pensions Regulator (TPR) continue a tougher approach and offer a clearer ...
Read More -
December, 2019
LGPS Central seeks managers for £900 million emerging market mandate
LGPS Central is seeking to hire active global emerging market bond managers to manage its £900 million Global Active Emerging Market Bond Fund. Although subject to slight variations as the process progresses, as a general guideline the fund’s mandate is expected to be benchmarked against the J.P. Morgan EMBI Global Diversified Index GBP Hedged. The ...
Read More -
December, 2019
London pension groups to launch local impact fund
Three major London pensions organisations, with combined assets under management of nearly £57 billion, are working together to create a London-focused investment fund. The fund aims to focus on developing housing and infrastructure, both of which will improve the quality of life for London communities. The London Fund’s portfolio will focus on ...
Read More -
December, 2019
Welsh pool launches responsible investment policy
The Wales Pension Partnership (WPP), the pooling entity for the eight Welsh Local Government Pension Scheme (LGPS) funds, has announced a new responsible investment (RI) policy, highlighting its commitment to responsible investment and desire to be a leader in this area. The new overarching policy was developed collaboratively by the WPP and its eight ...
Read More -
December, 2019
London CIV introduces infra fund
The London CIV, the Collective Investment Vehicle for London local authorities pension funds, has announced the launch of the LCIV Infrastructure Fund. The fund has been seeded by six of its London borough pension funds, with initial commitments of £399 million. The fund’s initial investment will be to a renewable energy fund – investments will be in ...
Read More -
December, 2019
Industry initiative formed to tackle modern day slavery
CCLA, in association with the Principles for Responsible Investment, has invited the investment industry to join a new coalition of investors, NGOs and academics to address the issue of modern day slavery. The initiative, entitled “Find It, Fix It, Prevent It”, will use the power of investors to encourage businesses to find, and then support ...
Read More -
December, 2019
Largest asset owners are critical to aiding climate change
Recent research by the Thinking Ahead Institute shows that the world’s largest asset owners have to direct capital in a sustainable way, making a significantly positive impact on issues including climate change. The Asset Owner 100 (AO100) – the world’s 100 biggest asset owners – account for $19 trillion, up 1.7% from last year, according to the ...
Read More -
December, 2019
New government must prioritise pensions, say PLSA
The Pensions and Lifetime Savings Association (PLSA) calls on prime minister Boris Johnson’s new government to urgently follow through on its manifesto pledges for pensions. But it must not stop there if it wants to ensure more people achieve a better income in retirement. Workplace pensions are a vital part of the UK economy, providing an essential ...
Read More
