UK - Institutional fund managers are increasingly upbeat about the prospects of the global economy, State Street Associates' survey of investor confidence shows.
State Street Associates – part of financial services giant State Street – found that its institutional investor confidence index continued to rise during November, up 1.2 points to 106.2 from October’s level of 105.0. At the start of the year, the index stood at 87.2.
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.