The Greater Manchester Pension Fund (GMPF) and the London Pensions Fund Authority (LPFA) have joined forces to invest up to £500m in infrastructure.
Inflows into European peripheral debt have soared as investors prepare for a widely expected announcement of quantitative easing by the European Central Bank (ECB).
Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.
The Shipbuilding Industries Pension Scheme (SIPS) has invested £125m in a UK property fund launched by First Property Group.
FTSE 350 deficits have climbed 40% since September with spiralling gilt and corporate bond yields putting increased pressure on schemes.
L&G Investment Management (LGIM) has restructured its senior team with a pair of new roles, a retirement and several promotions.
The International Monetary Fund (IMF) has cut its growth forecast for the next two years, after December's figures in many countries disappointed.
Should consultants really be on the hook if an investment decision goes wrong?
The Kent County Council Pension Fund has turned to star manager Neil Woodford to manage its £200m UK equity mandate after dropping his former employer Invesco Perpetual.
Stephanie Baxter says local boards will increase complexity, not improve governance