TwentyFour Asset Management and Numis Securities are launching a listed bond fund to raise between £100m and £200m.
TwentyFour said it aims to deliver an attractive yield as well as a net total return of 7-10% per annum from a portfolio of asset backed, floating rate bonds. Fund raising will close on 8 February and...
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.