THE London Borough of Hammersmith & Fulham Superannuation Fund has selected Baring Asset Managemnent and Ruffer to run dynamic asset allocation briefs worth £120m.
The scheme said Baring Asset Management would be responsible for a mandate worth £90m and Ruffer would invest the remaining £30m. It said the fund managers would be in place by August 1, 2008. The appointment...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.