EUROPE - Norway's e77bn Petroleum fund has hired five US mortgage-backed bond managers in its first foray into the asset class.
Mandates were awarded to Lincoln Capital Partners, State Street Global Advisors, Putnam Investments, Hyperion Capital Management and Merrill Lynch Investment Management.
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