Chancellor George Osborne announced the intention to consult on ultra-long gilts, at the time rumoured to be around 99-years in length, in the 2012 budget. After consultation, demand for gilts that long seemed limited with the DMO settled on 55 years.
The DMO launched its sale on 25 June, leading to expressions of interest reaching £12.8bn (PP Online, 25 June). Barclays, Lloyds Bank, Nomura and The Royal Bank of Scotland (RBS) managed the syndicated...
The Local Government Pension Scheme (LGPS) funds of Lothian, Falkirk and Fife have appointed three independent advisers to their joint investment strategy panel (JISP).
Craig Brown looks at why asset managers should rent a life company to widen investment opportunities for pension schemes.
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
Fixed income enjoys another strong quarter
Fulcrum Asset Management is set to launch the first active diversified global climate-aligned equity fund.