Schroders has increased its institutional assets under management (AUM) by 13% helped by the purchase of US manager STW, its interim results show.
In the six months to June, the asset manager's institutional AUM rose by £16bn to £139.6bn, with £7.1 attributable to the completed purchase of STW, a US fixed income manager. The company completed...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.