Less than a quarter of pension schemes that invest in funds of hedge funds are satisfied with returns, new research shows.
Mercer Investment Consul-ting’s survey – which polled 180 large pension schemes – found only 23pc of schemes were satisfied with hedge fund of fund returns. Nearly half (48pc) were neutral and 28pc were...
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.