THE £2.8bn Hampshire County Council Pension Fund has appointed Northern Trust as its first global custodian, to provide custody, performance measurement and securities lending services.
In addition, Northern Trust Global Investments – the asset management arm of Northern Trust – has been appointed as its transition manager. Hampshire County Council leader and Hampshire Pension Fund...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.