Investment

Trustees are failing to assert themselves on crucial issues such as liability management and asset safety because of time pressures, Kas Bank warns.

European Union governments have reached an agreement on the Alternative Investment Fund Managers directive.

NORWAY - Norway's Government Pension Fund Global has grown to NOK3trn ($512bn) for the first time in its 14-year history.

Scheme funding positions were affected by as much as £50bn in Q3 due to the movement and volatility of long-term gilt yields, Pension Insurance Corporation says.

RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m.

Timberland Investment Resources, a US-based forestry investment firm, has established a European business to provide UK schemes access to its asset strategies.

EUROPE - RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m ($1.5bn).

Man Group has completed its $1.6bn purchase of GLG Partners, creating a diversified fund group running $63bn of assets.

Here they are. The list of the key changes in the pensions tax regime following today's announcement.

The UK Stewardship Code will increase collective engagement by pension funds and give institutional investors more oversight in the boardroom, say Legal & General Investment Management.