Aegon Asset Management is to take over the running of its Scottish Equitable Property Fund from Morley Fund Management.
It is the first time in more than 10 years that the fund has been managed internally by the Aegon UK group. The co-managers of the fund will be David Wise and Gerardine Davies, who are part of Aegon AM’s...
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.