BAE Systems Pension Funds Investment Management will be the cornerstone investor for alternative asset manager Investcorp’s push to provide last mile funding to the Indian market.
The HSBC Bank UK Pension Scheme is to invest £250m in renewable energy infrastructure, such as solar plants and wind farms, with Greencoat Capital.
All 6,000 UK schemes had a surplus of £358bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
BAE Systems, Airbus and the trustees are creating a separate Airbus section of the BAE Systems Pension Scheme in order to give a better estimate of the deficit allocation.
The trustee boards of the BAE Systems Group Pensions Schemes (BAE Systems) have appointed Hymans Robertson to provide scheme actuary services across all of its pension schemes.