Investment

SPECIALIST environmental asset manager Impax has completed two new fund raisings to take its funds under management to more than £400m.

WORKERS must build up a pension pot worth £150,000 in order to have just a basic standard of living when they retire, EverInvestor claims.

THREADNEEDLE Investments has outsourced its investment operations function to JPMorgan Chase Bank.

STANDARD Life Investments has reported a 270pc increase in second quarter mutual fund sales.

FIRST State Investments and ABN AMRO Asset Management have launched long/short funds for institutional investors. First State's fund will be jointly managed in London and Sydney and will focus on the energy sector.

SCHEMES are not pulling out of emerging markets despite experiencing losses during May's market turbulence, Standard & Poor's says.

Schemes are being urged to be wary of construction companies involved in high profile trophy projects in the run up to the 2012 London Olympics.

SCHEME investment in overseas equities overtook domestic stocks for the first time last year, new research reveals.

SCHEMES should allocate up to 30pc of their portfolio to currencies, Deutsche Bank says.

AN Islam-friendly fund is one of two new specialist products that has been added to Zurich's corporate pensions platform.