Investors in hedge funds selling their stakes on secondary markets have turned a profit on their holding for the first time in 18 months, demonstrating growing investor interest in the asset class.
Last month, one hedge fund stake changed hands via online exchange HedgeBay at a premium to net asset value - the first time an investor paid over the odds on HedgeBay since August 2008. The buyer,...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.