THREADNEEDLE has expanded its presence in both the hedge fund and emerging market sector with the acquisition of Convivo Capital Management.
Subject to regulatory approval, the deal will see Threadneedle acquire the two strategies, worth $476m (£237m), currently run by Convivo, increasing its hedge fund business to $3bn (£1.5bn) across nine...
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.