Pension fund appetite for passive management will to continue into the future, according to a survey of 700 institutional investors.
A report from CREATE-Research said defined benefit (DB) schemes would opt for passive funds, smart beta and exchange-traded funds (ETFs) over alpha, which was viewed as expensive given the volatile setting...
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.