The Universities Superannuation Scheme has invested $135m (£89m) in the Neuberger Berman Secondary Opportunities Fund II.
The USS becomes the largest investor in the formerly Lehman Brothers-owned investment management firm's £1.15bn alternative fund. USS head of alternative assets Mike Powell said: "This investment gives...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.