UK - Association for Institutional Multi-Manager Investing members saw assets under management increase by approximately £1bn last year.
The AIMMI says members – which include MM Asset Management (formerly Attica), Axa, Escher Teams and Northern Trust – established 59 new client relationships while average mandate sizes increased by over 25%.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.