Investment

Gilt yields jump after the latest Monetary Policy Committee (MPC) minutes revealed all members voted against more quantitative easing (QE).

The trustees of the £2.7bn UK Power Networks Group (UKPN) of the Electricity Supply Pension Scheme (ESPS) have hired Cardano as their investment adviser.

UK CPI inflation rose from 2.7% to 2.9% in June, with the largest upward contributions coming from petrol, clothing and footwear.

M&G Real Estate has further diversified its fund with the purchase of an £88m shopping centre in Sutton Coldfield.

National Association of Pension Funds (NAPF) chief executive Joanne Segars has been elected chair of the shadow Local Government Pension Scheme (LGPS) advisory board.

The BT Pension Scheme (BTPS) and the Canada Pension Plan Investment Board (CPPIB) have formed a 50:50 property joint venture.

M&G Real Estate has acquired two separate office locations as it looks to diversify and boost returns for investors.

Buzz respondents are sceptical of the link between fees and performance from asset managers, by and large.

Stamford Associates and Xafinity have teamed up to launch an investment consulting service that integrates asset and liability management.

Switzerland-based LGT has won three insurance-linked strategies (ILS) mandates worth $400m (£265m) from major European pension funds.