HENDERSON Global Investors is set to launch a fund of hedge funds in a bid to provide investors with absolute positive returns and acceptable volatility.
The fund management firm’s total return fund – to be launched on September 1 – will invest in a range of nine Henderson managed hedge funds and have a target return of between 12pc and 15pc. The fund...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.