The Wiltshire-based Cooper-Avon Tyres company has appointed investment house Aegon Asset Management to handle a £25m fixed income mandate for its pension plan.
Edinburgh-based Aegon’s brief is benchmarked against a mixture of corporate gilts and index-linked gilts.
It is believed that the fund has been shortlisted for another two £100m corporate bond mandates.
By Madhu Kalia
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model