GLOBAL - State Street Global Advisors, the investment management arm of State Street Corporation, has appointed Peter Atkinson to oversee regional credit analysis for the cash management team.
Atkinson, who will report to Michael Karpik, head of international cash at SSGA, will be responsible for the analysis of asset- and mortgage-backed, corporate, and bank credits throughout the UK and Europe.
Atkinson joins from Halifax Group Treasury and Wholesale Banking where he worked as a credit manager in structured investments.
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.