UK - Multi-managers' assets under management grew by over £270m during the second quarter, new figures show.
The Association for Institutional Multi-Manager Investing attributed the increase to 16 institutions making their first investments in multi-manager products.
AIMMI's current membership roster includes Attica Asset Management, Axa Multimanager, Escher Teams and Northern Trust.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.