INSTITUTIONAL investors seeking returns in Africa should "tune into the BBC - banks, breweries and cement", Investec Asset Management says.
Strategist Michael Power said Africa’s frontier markets were dominated by mining, agriculture and tourism. But Power said investors should avoid “listed copper mines, sugar states and beach hotels”...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.