BALANCED pooled fund holdings in UK equities plunged from 43.5% to 36.5% in 2008, latest figures from BNY Mellon Asset Servicing reveal.
The performance measurement firm said the seven percentage point reduction came despite managers moving money into this sector and was as a result of poor relative performance during this period. It...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.