UK - The £1.2bn Pilkington Superannuation Scheme has appointed Nomura Asset Management to manage a £30m Japanese equity mandate.
Nomura will take over from Invesco Asset Management.
Pilkington used the services of Bfinance to assist with the screening of manager performance during the initial part of the selection process for which 19 managers responded.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).