The £11.5bn Strathclyde pension fund is set to hire an in-house asset manager in a bid to "sharpen" its local investment portfolio.
Strathclyde, the largest local government pension scheme in the country, is looking to appoint a manager for internal investments to directly run investments in local projects such as infrastructure and...
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.