The collective investment vehicle set up by London Councils has launched its first sub-fund just weeks after getting the regulatory green light.
The collaborative venture known as the London collective investment vehicle (CIV) has introduced an active global equities fund managed by AllianzGI with just over £500m in assets under management (AUM)....
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.