GLOBAL - Mellon Global Investments has launched a global emerging markets value equities fund aimed at institutional investors.
The fund will be run by its subsidiary, the Boston Company Asset Management.
The fund will be benchmarked to the MSCI emerging markets free index and may also invest in US and/or global depository receipts.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.