Co-op pension scheme to invest up to £50m into social housing
The Co-operative Group's pension scheme, Pace, will invest up to £50m into the social and affordable housing market over the next 12 months.
The defined benefit scheme - which was set up in 2006 following a three-scheme merger - is aiming to begin investing today (20 November), and will provide 350 housing units, it said. The Co-op has...
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Brunel carbon footprint 7% lower than benchmark
The Brunel Pension Partnership has reduced the carbon intensity of its active portfolios by 7% compared their respective benchmarks, it has revealed today.
Law firm considers compensation claims against Link over Woodford collapse
Legal claims for compensation are being considered against the Woodford Equity Income fund's (WEIF) authorised corporate director (ACD) Link Fund Solutions, which is accused of early-stage failures in the fund's collapse, a failure to act in the best...
Woodford investors take Covid-19 hit as Link agrees £224m sale of healthcare assets
Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.
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Market Movers Blog: ECB increases Covid-19 QE to €1.35bn
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....