UK - Investec Asset Management's flagship money market fund has raised over £500m since its launch in January 2002.
The Investec Liquidity Fund currently offers schemes and other institutional investors access to six sub-funds which fall into two categories: the triple-A rated pooled money market fund and the triple-A rated cash plus fund.
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.