Investment

Schroder Income fund managers Nick Purves and Ian Lance are leaving the company to join boutique RWC Partners.

UK - Jupiter Asset Management has unveiled plans to list on the London Stock Exchange next month, which could potentially value the group at up to £1bn (US$1.44bn).

Jupiter Asset Management has unveiled plans to list on the London Stock Exchange next month, which could potentially value the group at up to £1bn.

MEXICO CITY - Assets under management of Mexican mandatory pension funds grew 23% to MXN1.24trn (US$97.8bn) at the end of April from a year earlier, data by regulator Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) showed.

Capita Hartshead Actuarial and Consultancy Services and Partnership have linked up to provide an enhanced annuity service.

Private pension scheme membership has slumped by almost one and a half million since 1997, the Office for National Statistics says.

The computer contract for administering the National Employment Savings Trust - signed by the Labour government just months before they left office - will be re-examined, David Laws says.

The coalition government is set to detail how it plans to make £6bn in spending cuts this year at its first Budget on Tuesday June 22.

Man Group has agreed to acquire GLG Partners in a deal worth $1.6bn.

UK - Man Group has agreed to acquire GLG Partners in a deal worth US$1.6bn.