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...
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.