RREEF has completed the first close of its pan-European infrastructure fund after raising €561m(£378m).
The real estate and infrastructure investment management arm of Deutsche Asset Management said that the fund would invest principally in the mature infrastructure sector of major European economies. ...
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.