Axa Real Estate has completed the £38m acquisition of two supermarkets for its newly-launched UK Long Lease Property fund.
The asset manager, which is targeting a fund size of £1bn after five years, bought the properties after it raised an initial £125m from institutional investors. The first acquisitions are an £11.5m...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".