Tendering for fiduciary management has led to fees being reduced by between 19% and 22%, latest analysis by the Competition and Markets Authority (CMA) finds.
Based on a sample of 258 schemes, those which undertook tenders for a fiduciary manager, and then chose their existing investment consultant saw fees 19% lower than those who did not run a tender exercise....
The Wales Pension Partnership (WPP) has opened a series of fixed income funds for its eight constituent authorities, all of which will be investing.
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....
Around £6bn of UK pension fund monies should be invested in a National Renewal Fund aimed at recapitalising 21,000 growth economy businesses, a report suggests.
The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.
MSCI has launched eight indices to enable institutional investors to position their portfolios in line with the Paris Agreement to keep global temperatures within 1.5 degrees.