UK - UBS Global Asset Management has appointed Terri-Ann Humphreys as head of UK communications.
Humphreys joins the firm from consultants Lane Clark & Peacock where she headed the marketing operation for five years. Before that she worked for Prudential and Thames Television.
She will be now be responsible for a 12-strong communications team.
The UBS Global Asset Management brand came into effect in April after UBS axed several of its subsidiary names, including Phillips & Drew in the UK. Brinson Partners, Brinson Advisors and Brinson Canada in the Americas region, and UBS Asset Management across Europe, Middle East, Africa and Asia Pacific were also replaced by the new name.
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.