Inflation edges up to 1.9% on higher food prices
Inflation in the UK rose slightly in February to 1.9% on the back of higher food prices, according to the Office for National Statistics (ONS).
Consensus expectations were for inflation to remain at its January two-year low of 1.8%, but higher food, alcohol and video game prices caused a slight increase of 0.1 percentage points. However, core...
More Investment
AXA IM partners with AMX platform; launches $1bn long-term credit fund
AXA Investment Managers (AXA IM) has partnered with the Asset Management Exchange (AMX) platform, adding an initial long-term credit fund with more than $1bn (£806m) of assets in the fund.
UK schemes sign charter to demand action on climate change
Some 76 trustees and chief investment officers from UK schemes with combined assets of £367bn have signed a pledge to push asset managers to take more action to help combat climate change.
NEST allocates 5% to private credit; announces two fund manager hires
NEST has selected two fund managers it will use to invest in private credit, enabling its members to benefit from the private markets investments.
Amundi and AIIB launch Asia climate bond portfolio
The Beijing-based Asian Infrastructure Investment Bank (AIIB) and Amundi have launched a $500m (£403m) Asia climate bond portfolio.
Industry Voice: FTSE 350 pensions - Investment strategy
Deficit contributions and favourable asset returns in recent years have led to improved funding positions and our analysis suggests buying out scheme liabilities with an insurer is now a realistic medium-term goal for the majority of FTSE 350 companies...