Investment

Mercer has closed its Private Investment Partners (PIP) V strategy, having successfully raised it with $2.7bn (£2.08bn) in total commitments.

Real assets are continuing to offer attractive illiquidity premia for investors. Hope William-Smith looks at the current allocation trends for boosting portfolio resilience.

The UK Sustainable Investment and Finance Association (UKSIF) says pension scheme trustees are failing to comply with their investment duties around ESG and need government intervention to get back on track.

More than half (54%) of workers do not know the size of their pension pots, according to research by the Pensions and Lifetime Savings Association (PLSA).

The Schroders Retirement Benefits Scheme (SRBS) is allocating £800m of its defined benefit (DB) assets to its in-house cashflow driven investing (CDI) building blocks.

Auto-enrolment master trust Nest has invested in an “environmentally aware” cash fund run by BlackRock as it steps up its climate change investment policy.

Morgan Stanley Investment Management (MSIM) has launched a development fund focused on bottom-up stock selection of companies with sustainable competitive advantages and long-term growth.

The University and College Union (UCU) has announced a further 14 days of strike action at 74 UK universities in a continuing dispute about pensions and pay.

Global investment management giants Hermes Investment Management and Federated Investors have combined to form a new responsible investment focused identity.