Hermes BPK has launched a global equity hedging product in a bid to help schemes de-risk long only equity allocations.
The fund of hedge funds manager said its Hermes BPK Global Equity Hedge Strategies would aim to capture two thirds of the global equity markets' upside whilst limiting the downside to one third. The...
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.