The UK money market has overtaken UK equity income as the most popular sector for institutional funds, latest
statistics from the Investment Management Association show. June figures show total UK domiciled funds under management fell 1.6pc from £470bn in May to £463bn. Total net industry sales of UK-domiciled...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.