Standard Life Aberdeen (SLA) has disputed Lloyds Banking Group's request to terminate asset management arrangements between the two companies, which would lead to the withdrawal of a £109bn Scottish Widows portfolio, on the grounds that SLA is not in "material competition" with Lloyds as a result of the merger between Aberdeen and Standard Life.
On 15 February, Lloyds Banking Group announced plans to withdraw £109bn of assets currently managed by SLA for Scottish Widows as the bank had been reviewing its Scottish Widows Wealth business including...
LGIM Real Assets has committed to deliver net-zero carbon across its 76 million sq. ft. UK real estate portfolio by 2050.
Hymans Robertson has pledged to be lifetime net-zero carbon by 2025, meaning it will offset all its carbon emissions dating back to its formation in 1921.
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Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.