UK/ LUXEMBOURG - Franklin Templeton's Templeton Growth (Euro) fund is now worth over EUR1bn (£639m), less than two years after its launch.
The fund is now the third Luxembourg-based mutual fund to exceed EUR1bn in size.
Initially, the fund was aimed at German investors but it now has an investor base consisting of UK institutions and a mix of retail and institutional investors across other European nations.
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).