Investment

Asset management firms will push to take control of defined contribution default fund design as the market develops more sophisticated strategies, the Investment Management Association predicts.

Barclays Bank will enter the UK infrastructure debt market with the launch of a fund aimed at unlocking £500m in pension fund assets to help boost Britain's ailing infrastructure.

Balance pooled funds have continued their strong run of positive returns after posting a 1.3% return in Q2 this year, figures show.

Schroders has hired Tim Horne and James Bourne in a significant expansion of its defined contribution pensions team.

The first Supreme Court ruling in an occupational pensions case was handed down this morning. PP analyses the details of the judgment.

Scheme funding levels fell by 1.5 percentage points over the second quarter, Investment Solutions research reveals.

US - Veteran hedge fund manager George Soros announced yesterday he will no longer manage other people's money. Global Pensions looks back at his career...

The Supreme Court has dismissed the Department for Work and Pensions appeal in the long running Bridge v Yates case.

GLOBAL - Investor confidence rose by just 2.2 points in July from June's revised level of 98.9, research by State Street shows.

LATIN AMERICA - Dutch firm ING Groep has agreed to sell its Latin America pension and life insurance business for €2.7bn ($4bn) to Colombian firm Grupo de Inversiones Suramericana (GRUPOSURA).