News Digest
BNY wins BA mandate
BRITISH Airways Pensions has appointed The Bank of New York to process payments to more than 40,000 members of its pension schemes. The mandate involves management of over $600m (£317m) annually in payments...
More on Investment
BlackRock tracker takes bulk of £1.3bn sustainable allocations
Sustainable investments attracted a large volume of assets at the start of the year, with net £1.3bn invested, over half of which went into a low carbon equity tracker managed by BlackRock according to the Morningstar Direct Fund Flows Commentary for...
Nest tackles Barclays amid climate change pressure
Nest has demanded Barclays provide a “robust plan” on winding up investments into fossil fuel providers.
PIC to invest £190m in solar bond investment
Pension Insurance Corporation (PIC) will provide €220m (£190m) of debt funding for 21 solar parks in southern Spain, adding to the £700m it has invested in the renewables sector to date.
The real concerns about the transition to CPIH
The transition from RPI to CPIH could have a significant impact on pension funds. However, as Con Keating says, the real challenges of this shift may come from an unexpected area.
