Russell Investments has sold Pantheon Ventures, its $22bn (£14.1bn) private equity fund of funds manager, to Affiliated Managers Group for around $775m (£500m).
Under the terms of the deal, Russell will also have the potential for additional payments over the next five years, contingent on the growth of Pantheon's business. AMG said, following the closing of...
Hyperbolic discounting and political temptation: Why Brexit-fuelled AE reversal would be a 'monumental' mistake
The home secretary has suggested AE should be scrapped in the event of a no-deal Brexit. Darren Philp explains why this would be misguided
The trustees of the Kodak Pension Plan No.2 (KPP2) have said it will likely enter the Pension Protection Fund (PPF) in "due course" after reviewing the scheme's investment in Kodak Alaris.
A US company has completed a £285m pensioner bulk annuity for around 1,100 of UK members with Legal & General (L&G).
Former BHS chief Dominic Chappell has been accused of trying to rewrite history as he seeks to overturn a conviction for failing to hand over information to the regulator.