Strathclyde Pension Fund has sold its 35% minority interest stake in the Junction Thurrock Unit Trust to Capital & Regional's Junction Fund.
The Junction fund, a specialist vehicle consisting of retail park properties, will acquire the Junction Thurrock Unit Trust stake from the Strathclyde Pension Fund Property Unit Trust No 2. As part...
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.