UK - The number of funds rated by Standard & Poor's hit a record high in June, the global ratings agency said.
S&P said the number of funds it rates across Europe increased by 7% to 1200, compared to the 1121 funds that were assessed at the same time last year.
The agency provides ratings for equity, bond and money market funds, and said the number of fund managers and their funds it covers is still growing.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).