STATE Street Global Advisors has launched a "130/30" fund for UK institutional investors - a move which was forecast in last week's Fund Management page.
SSgA says its global alpha edge fund is the first product in a range of investment products using the 130/30 strategy this year. It involves taking short positions in 30pc of the portfolio, which funds...
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.
Labour Party plans to renationalise core industries and require the largest listed companies to hand 10% of shares to employees would be a "double whammy" for pensions, business leaders have warned.
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.