An investor group campaign, led by Hermes Equity Ownership Services (EOS), Aberdeen Asset Management and F&C, has secured disclosure of minority shareholders representatives on the Petrobras board.
The Brazilian energy company, which operates in 24 countries producing traditional and alternative fuel sources, has been engaging with the coalition of global funds since November 2012 over the issue....
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.