Investment

Funds are failing to address climate risk in their portfolios due to a continued short-term investment focus, a ShareAction report finds.

Some 50% of people surveyed by asset manager BlackRock say they are unwilling to take any risks with their money, leading to high allocations in cash.

The Pensions Regulator (TPR) blocked plans for the Co-operative group to retain a stake in its banking business over fears this would undermine its ability to support its defined benefit (DB) scheme, according to reports.

Shadow pensions minister Gregg McClymont has tabled an amendment to the Pensions Bill in order to force providers to fully disclose charges to The Pensions Regulator (TPR).

Almost four out of 10 contributors said fiduciary management was an effective way for smaller schemes to access some benefits of scale.

The Universities Superannuation Scheme (USS) increased its allocation to alternatives to 19% in the year to the end of March.

Two of M&G's funds have jointly purchased 18 car auction sites across the UK for a total of £240m.

Aberdeen Asset Management has said it is in discussion with Lloyds Banking Group over a possible acquisition of Scottish Widows Investment Partnership (SWIP).

Taha Lokhandwala says trustees can learn a lot about investing from this year's Nobel prize winning economists

The London Borough of Hounslow Pension Fund has outsourced £20m of property investment management to Threadneedle Investments.