UK - Multi-manager Investment Manager Selection (IMS) has made a raft of changes to its MM portfolios which are being integrated into the business as a result of the acquisition of MM Asset Management from Threadneedle last year.
SGAM has been dropped from MM’s UK equity fund portfolio, while William Blair has lost its slot in the MM US equity fund. SGAM managed 33.3% of the portfolio, while William Blair managed 50%. Under the...
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
UK -More than 40% of firms have closed or are in the process of closing their defined benefit pension schemes, latest research from Aon Hewitt shows.