All asset managers articles – Page 5
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NewsBig schemes turn to fiduciary managers during pandemic
Data crunch: The average size of a pension scheme taking on a fiduciary manager rose by around 80 per cent during the Covid-19 pandemic, suggesting the flexibility afforded by the model was particularly attractive in turbulent market conditions, according to research from IC Select.
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NewsOne-third of applicants declined in UK Stewardship Code revamp
On the go: More than 60 applicants to the revamped UK Stewardship Code did not make the final list of companies complying with high standards of stewardship for those investing money on behalf of UK savers and pensioners.
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NewsTPR’s ESG guidance raises industry concerns on privacy and penalties
The Pensions Regulator’s draft guidance on climate change reporting and governance is not sufficiently clear on what constitutes compliance, and the watchdog needs to provide clarity on its approach to discretionary penalties, the Society of Pension Professionals has warned.
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NewsLGPS funds and pools cement bet on alts in Q2
LGPS funds and pools cement bet on alts in Q2Data crunch: LGPS funds awarded 37 mandates to asset managers during the second quarter, a time when these schemes and local authority pools increased their allocations to alternative investmentsEnterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, ...
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NewsNest to invest 5% of assets in private equity
On the go: The government-backed master trust Nest plans to allocate 5 per cent of its total assets to private equity, which is estimated to be worth £1.5bn by the end of 2024.
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NewsIndustry bodies to 'develop the case' for DC illiquid investments
Industry bodies including the Pensions and Lifetime Savings Association, the Association of British Insurers and the Investment Association will “develop the case” for defined contribution schemes to invest in less-liquid assets, as part of a push to secure “long-term value” for its members.
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NewsPeers valued for ESG guidance as data concerns hamper reliability
When it comes to guidance on environmental, social and governance matters, pension professionals prefer to rely on their peers instead of asset managers, consultants and industry bodies, as clear messaging is dependant on transparent data, experts say.
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NewsDC providers default funds weather ‘torrid’ 2020
A new report from Punter Southall has revealed the best-performing defined contribution default providers during Covid-19, with Nest and L&G leading in the consolidation phase, Smart Pension topping cumulative performance in the growth phase, and L&G Multi Asset doing best in the retirement phase.
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OpinionLiability-driven investing in a low-yield environment
A common refrain from pension scheme sponsors recently is that they “cannot do liability-driven investing in such a low-yield environment”, or that “it makes no sense for our plan to buy bonds in such a low-yield environment”. However, both statements reflect a fundamental misunderstanding of LDI.
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NewsBorder to Coast completes Emerging Markets Equity Fund restructure
On the go: The circa £24.7bn Border to Coast Pensions Partnership, which handles the assets of 11 Local Government Pension Scheme funds worth a collective £55bn, has finalised the transformation of its Emerging Markets Equity Fund.
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NewsHaringey Council scheme commits to London Fund
On the go: The circa £1.6bn London Borough of Haringey Council Pension Fund has invested £45m in The London Fund, the property and infrastructure fund established by the London CIV and Local Pensions Partnership.
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NewsDIY strategies are ‘better and cheaper way’ to do ESG investing
Customisation of index strategies and direct ownership of equities is a more efficient and cost-effective way of investing sustainably than using ‘off-the-shelf’ index products, according to SigTech, which offers quant technologies to investors.
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NewsHymans Robertson joins impact investing community
On the go: Hymans Robertson has announced that it has joined the impact investing community, Pensions for Purpose.
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NewsBrunel Pension Partnership launches listed markets fund
On the go: The £28bn Brunel Pension Partnership has launched its £2.1bn Sterling Corporate Bond Fund, selecting Royal London Asset Management to handle the assets.
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NewsCorporate bond managers urged to explain climate transition risks
As defined benefit schemes are increasingly expected to replace their equity portfolios with corporate bond holdings in their journey to reach funding targets, pension funds and their asset managers are being urged to carefully assess companies’ attitudes to climate transition risks.
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OpinionThe long road to net zero
Last August, the Institutional Investors Group on Climate Change published a consultation setting out how large institutional investors, such as pension funds, could begin to “decarbonise” their portfolios.
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NewsRailways Pension Scheme manager launches internal trading desk
On the go: RPMI Railpen, the Railways Pension Scheme investment manager, has launched an internal trading desk to further enhance its in-house capabilities.
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NewsSchemes challenge managers to tackle lack of diversity
On the go: Asset managers who wish to continue to work with some of the biggest pension schemes in the UK will have to disclose how they are targeting diversity or risk losing their business.
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NewsCamden invests in green assets, schemes call for net-zero alignment
ESG Spotlight: A roundup of the latest news on environmental, social and governance initiatives, with the Camden Pension Fund moving equity assets into lower carbon alternatives, and a group of institutional investors calling for consistency on corporates net-zero plans.
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NewsUSS invests in climate fund, Aegon’s ESG assets top £10bn
ESG Spotlight: A roundup of the latest news on environmental, social and governance initiatives, with the Universities Superannuation Scheme investing in a climate fund, Aegon strengthening its commitments to make default funds net-zero and banks calling for support of a new sustainable infrastructure label.