THE MITSUI Babcock Pension Scheme has appointed Barings Asset Management to administer its multi-million-pound fund.
Barings said it was chosen by Mitsui to manage an £86m segregated multi-asset diversified growth mandate. HSBC Actuaries and Consultants – the investment consultancy firm advising Mitsui Babcock – said...
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.