GLOBAL - JPMorgan Investor Services has launched a new compliance service for its custody clients.
Its breach register capability can reduce operational risk by allowing institutional investors to manage and document the resolution process for compliance events arising in their investment portfolios.
It will also allow clients to adopt a single compliance process across their entire firm.
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.