UK - Investec Asset Management has won more than £600m in new mandates during the past 12 months.
The firm was awarded segregated mandates worth a combined total of £389m from 21 new clients, including local government pension schemes, insurance companies and corporations.
Investec has also won a further £230m worth of segregated cash and fixed income mandates from existing clients.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.