Investment

Conventional gilt holdings for local government pension schemes increased by £441m last year as rising prices and increased allocations boosted the value held by the LGPS, figures show.

Strathclyde Pension Fund is shifting its global equity holdings further out of active management and boosting its private equity allocations.

M&G has seen net outflows of £631m from its institutional business in the first quarter of the year but large inflows on the retail side helped it grow total funds under management to more than £200bn.

The trustee of the Nortel Networks UK Pension Plan is petitioning the US Supreme Court to gain access to the company's bankrupt US affiliates' cash.

Tesco has founded an in-house investment team in a bid to reduce reliance on external providers and increase net returns.

In the latest Pensions Conjecture our panellists discussed DC and Auto-enrolment.

Legal and General Investment Management boosted net inflows by £2.6bn last quarter, representing a 29% increase year on year, results say.

Andrew Short examines why global equities are back in favour

The Pensions Regulator is set to review its regulatory code of practice on scheme funding later this year, PP has learned.

Record low gilts yields are crippling the growth of liability driven investments after aggregate new inflows flatlined at close to zero last year, a report by KPMG shows.