Aon has announced it has acquired Townsend Group, a real estate investment management and advisory firm based in the US.
The $475m (£350m) deal was confirmed on 2 January. Aon, which currently manages more than £74bn of global assets and advises on £3.1trn global assets for more than 2,500 clients across 120 countries, said...
As part of a series celebrating PP’s silver anniversary, Hope William-Smith asks industry veterans about policy over the past 25 years and what needs to change for the future.
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
This week’s top stories include findings from PwC that pensions schemes have been “shoehorned” into valuing liabilities against gilts, while Mercer launched a defined benefit master trust.
Dry powder can be useful for pension scheme portfolios, but to make it attractive schemes need to make sure the assets are both available and not so low return they dilute wider return characteristics. Jonathan Hobbs, Kevin Kneafsey, Matthias Scheiber,...
The lack of information cohesion across the industry is preventing savers from receiving true value for money from their workplace scheme, the Finance Technology Research Centre (FTRC) says.