UK - Schroder Investment Management has blamed plummeting equity markets for a steep fall in its funds under management.
Its funds – 75% of which are invested in equities – fell 15% to £87.2bn in the past quarter.
Despite the falls in funds under management, Schroder said it had stemmed the exodus of clients and there were no net outflows during the third quarter or October.
Aon head of DC investment advisory Chris Inman explores the many uses of illiquid assets in pension portfolios.
This week's edition of Professional Pensions is out now.
NEST will work with RepRisk and Sustainalytics to identify emerging ESG risks and screen out certain assets from its members' portfolios, the master trust has announced.
PP's Pension Prophets panel - Roger Mattingly, Robin Ellison, Jennie Kreser and Malcolm McLean - will be speaking at PBUK on 25 June. Jonathan Stapleton asks them what's on their mind ahead of the event.