Austrian pension fund Vereinigte Pensionskasse (VRK) has appointed six managers to active equity briefs worth EUR300m, but the scheme declined to name them.
VRK appointed two Austrian and four foreign managers to briefs of EUR50m each. The scheme is searching for high yield fixed income and corporate bond managers to oversee a total of about EUR200m.
The scheme will make a decision on those appointments Q3, 2001.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.