UK - UK equities boutique Majedie Asset Management has passed the £750m of assets under management mark - just 18 months after its launch.
The firm is aiming to have assets under management of £1bn within five years.
Managing director James de Uphaugh said: “This is a pleasing milestone for us to have reached and is testimony to the support we have received from industry consultants and their clients.”
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).