Investment

Rolls Royce has seen its UK schemes' funding position fall by 28% due to a decrease in the value of assets, its 2012 results show.

Aberdeen has hit the acquisition trail with two new deals, agreeing to buy US asset manager Artio Global Investors and taking a majority stake in private equity fund of funds business SVG.

Weak covenants and longevity risk are by far biggest unhedged risk in defined benefit schemes, PP research finds.

Pensions professionals believe some defined benefit schemes can keep going indefinitely.

The Universities Superannuation Scheme's in-house investment manager, USSIM, has strengthened its private equity team with the appointment of Robin Filmer-Wilson.

Mirabaud Asset Management has launched a global high yield bond fund.

Institutional investors continue to diversify portfolios, tripling the number of global infrastructure mandates awarded over 2012, according to figures from Towers Watson.

The House of Lords has passed two amendments to the Public Service Pensions Bill which will secure equal representation for members and employers on scheme boards.

The aggregate deficit of UK private sector schemes has decreased by £33.5bn over January, research from the Pension Protection Fund shows.

Barclays Group deficit across all its schemes has increased by 550% over 2012 rising by £1.1bn to stand at £1.3bn, its final results have shown.