UK - UBS Global Asset Management has appointed three new people to its continental Europe real estate business.
Charles Foster Taylor, former chief executive officer of Lend Lease Estate Investments Europe, will lead the group’s acquisition and disposition function.
Simon Foxley, former managing director of Lend Lease’s European value enhanced fund will serve as a senior portfolio manager and Mark Chamieh, previously managing director of marketing at Lend, will become head of institutional markets and business development.
UBS chairman and chief executive John Fraser said the appointments would spearhead the firm’s drive to expand its real estate business.
“This expansion underlines UBS’s commitment to delivering best in class real estate investment opportunities to the full spectrum of UBS clients.”
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.