UK/GLOBAL - International Pensions News can reveal that troubled Merrill Lynch Investment Managers (MLIM) has haemorrhaged around £2.2bn in global pension fund business during the last 18 months, and could be on the verge of shredding up to another £2.5bn.
According to IPN's record of mandate wins and losses, the firm has lost £1060m in UK pension fund money alone since the start of the year. If MLIM’s fortunes continue to flag it could soon replace ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
