Nomura Asset Management plans to launch an emerging market small-cap strategy that will determine holdings according to a country's gross domestic product adjusted for purchasing power parity.
The strategy, the Nomura Emerging Wealth Strategy, will launch on 22 February as a UCITS fund, and has already attracted $23m ($14.3m) from a UK-based local authority pension fund, said Mark Roxburgh,...
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.
Aon has appointed Emma Adair to lead client service for its UK investment team.