UK - The Weir Group has awarded Goldman Sachs Asset Management an £85m UK fixed interest mandate mandate.
The mandate stipulates a return of 1.25% net fees above the benchmark over a rolling three year period via a range of lowly instruments. The benchmark is a blend of the FTSE UK Gilts over 15 years and the Merrill Lynch Sterling Non-Gilts index.
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.