CURRENCY overlay managers achieved a median excess return of 0.78pc during the second quarter of 2007, latest statistics from BNY Mellon Asset Servicing reveal.
The performance measurement firm said that this represents the third consecutive quarter of average outperformance and is the strongest return over the last 10 quarters. The BNY Mellon analysis revealed...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.