Three LGPS funds join GMPF/LPFA's infrastructure venture
The infrastructure joint venture launched by Greater Manchester and the London Pension Fund Authority (LPFA) last year has grown to £1.3bn.
Pension funds for West Yorkshire, Merseyside and Lancashire County have joined GLIL Infrastructure, adding another £775m to its assets under management. The addition of the three funds will give the venture...
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Pension scheme and investor project group formed to create tool to rank government climate performance
A group of institutional investors and investor networks is spearheading the creation of a scorecard to rank government climate change performance.
Schroders pursued M&G bid to create UK's largest fund house — reports
Schroders spent months exploring a possible bid for M&G to create a UK fund house with over $1trn in assets under management, according to reports.
BT records 30% fall in pension deficit over three years
The BT Pension Scheme (BTPS) slashed its deficit by £3.3bn in the three years between its 2017 and 2020 valuations, it announced today, remaining on track to meet a 2030 full funding target.
Avoiding stranded asset risk in the real estate race to net zero
Greater clarity around standards will make it easier for trustees to interrogate managers about how they are managing transition risk, says Nina Reid.
Pacific Life Re reinsures £190m of bulk annuity risk
Pacific Life Re has reinsured around £190m of pensioner and deferred liabilities held by a UK bulk annuity provider.
