US-based Federated Investors has completed its acquisition of a 60% interest in Hermes Investment Management from the BT Pension Scheme (BTPS).
With UK-based Hermes running $47bn (£34bn) across a range of strategies and Federated managing $390bn in the US, the deal has created a global fund house responsible for around $440bn. Hermes also represents...
This week's Pensions Buzz respondents were mostly in agreement that 10 weeks is an appropriate length of time to conduct a full DB to DC transfer.
In this week's Pensions Buzz, we want to know if you think Guy Opperman will stay in post as pensions and financial inclusion minister under the new prime minister.
The City and County of Swansea Local Government Pension Scheme (LGPS) will swap around a quarter of its assets to a low-carbon fund by the end of the month, it has announced.