Figures released by anti-smoking campaigners have sparked renewed debate about ethical investment.
Kent County Council, perhaps unfairly, has become the whipping boy thanks to its £24m holdings in tobacco firms. In a familiar refrain, the council responded to concerns by insisting that it had a “responsibility...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.