JP Morgan Fleming Asset Management has put its promotional activity for UK equities and UK balanced mandates on hold. According to a company spokesman, JP Morgan Fleming Asset Management is still active in the UK institutional market, but is currently making changes to its investment process to ensure improved performance in the future. The spokesman added that the company has placed added emphasis on promoting its UK structured equity mandate.
Although JP Morgan has been underperforming in the arena of UK equity and UK balanced mandates, the company will continue its involvement in these fields. The spokesman concluded that changes to JP Morgan’s investment process may take up two three years before its position within the UK institutional market improves.
By Janet Du Chenne
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.