Aon has announced it has acquired Townsend Group, a real estate investment management and advisory firm based in the US.
The $475m (£350m) deal was confirmed on 2 January. Aon, which currently manages more than £74bn of global assets and advises on £3.1trn global assets for more than 2,500 clients across 120 countries, said...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.