Investment
'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion
The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...
Nest bulks out portfolio with mega infrastructure deals
Nest has announced two infrastructure partnerships which will see the asset class make up 5% of its total portfolio.
Exclusive: Trustees trapped by base level analysis choosing fiduciary managers
The likelihood of trustees making incorrect decisions when choosing a fiduciary manager due to rudimentary performance metrics remains probable, EY says.
Industry Voice: How Schroders are measuring the social and environmental impact of countries
Andrew Howard, Global Head of Sustainable Investment, explains how Schroders have further developed their proprietary impact measurement tool SustainEx™ to cover impact at a country level, looking at national externalities and countries’ contributions to shared global problems and benefits.
Industry Voice: Three principles for solving the diversification dilemma
Finding the right asset mix for long-term investment goals.
LGPS Central launches multi-asset credit fund
LGPS Central has launched its £680m multi-asset credit (MAC) fund with initial buy-in from four local authority partner funds.
Pension transfer values recover after February dip
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
Willis Towers Watson sets 2050 net-zero target
Willis Towers Watson has committed its delegated investment portfolios to net zero by 2050, with at least a 50% reduction by 2030.
Calls for Online Safety Bill to crackdown on scams grow louder
Quilter has called upon the government to take action to clamp down on the dramatic rise in investment scams over the past year by including these within the scope of the forthcoming Online Safety Bill.
Embracing the trusteeship of E, S and G
Roger Mattingly discusses how trustees can manage their ESG obligations
Robin Ellison: Advice for advisers: a new liability
Robin Ellison questions whether more regulations are really the best way to protect the public
ESG Watch: ESG investor sentiment; climate credit strategy and green bond launches; pension saver investment patterns
Professional Pensions rounds up some of the latest ESG and climate news from across the industry.
FCA's long-term vision: Sustainable finance and the net-zero economy
Integrate net zero targets into regulation
Industry Voice: Pricing ESG risks in credit markets — through volatility, our conviction confirmed
To analyse credit risks with greater precision, we developed a pricing model in 2017 to capture the influence of ESG factors on credit spreads. Today, we revisit our study to understand the impact that 2020 has had on that relationship.
Industry Voice: Credit markets — one year after the pandemic's outbreak
At the one-year milestone for the nadir of the pandemic-induced financial crisis, the present serves as a useful vantage point to look back and examine COVID-19’s profound impact on credit markets and what it implies for credit investors ahead.
A rock in a rough sea: How the pension risk transfer market set records in 2020
In a year of uncertainty and volatility, the risk transfer market gave security and stability to thousands
Industry Voice: Five reasons to choose sustainable indexing
Here are the five reasons why we believe sustainable indexing gives investors the clarity they need to build more sustainable portfolios.
Ameriprise to buy BMO's EMEA asset management arm as part of expansion of Columbia Threadneedle Investments
Ameriprise Financial – the US parent of Columbia Threadneedle Investments – is set to acquire the EMEA asset management business of BMO Financial Group in a £615m all-cash deal.
PensionBee draws 12,000 customer sign-ups for IPO with estimated market cap of £348m
Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.
Clearer DB guidelines on advice versus guidance needed, industry says
Guidelines on what is and is not viewed as defined benefit (DB) trustees providing members with regulated advice need to be clearer, respondents to a Professional Pensions survey say.
Incisive Media welcomes Schroders as multi-channel sponsor of the Sustainable Investment Festival
Professional Pensions' parent company Incisive Media is pleased to announce that Schroders is the multi-channel sponsor of its inaugural Sustainable Investment Festival in June, working with us over all four days of the event to engage with the audiences...
Industry Voice: Impact investing — why it matters now more than ever
Equity markets are vital for driving environmental and social change
UUK asks employers how to retain 'inclusive and affordable' USS benefits
Universities UK (UUK) has opened a formal consultation with employers in the Universities Superannuation Scheme (USS) seeking views on how to tackle the scheme’s funding situation.
