BlackRock
Five stories you may have missed this week
This week’s top stories included Aon findings that the number of defined benefit schemes employing a sole trustee model is expected to double by 2025, while Scottish Widows invested £2bn as the inaugural investor in BlackRock’s new climate fund.
Scottish Widows invests £2bn in BlackRock climate transition fund
Scottish Widows has invested £2bn of pension fund assets to become the inaugural investor in BlackRock’s authorised contractual scheme (ACS) Climate Transition World Equity Fund.
Available on demand... Louise Sivyer and Michelle Cracknell among the speakers at PP's DeskFlix event on the Future of DC
The latest virtual event in PP’s DeskFlix series took place on 7 July
Border to Coast launches fixed income fund
Border to Coast Pensions Partnership has launched its first fixed income product with a £2.5bn sterling investment-grade credit fund.
Webinar: Managing cashflows in challenging times
Professional Pensions' latest webinar - held in conjuction with Aon, BlackRock and Schroders - looks at the specific cashflow challenges schemes have been facing during the disruption and market volatility caused by Covid-19; explore how different schemes...
LGPS Central launches global bond fund
A £1.2bn global investment-grade corporate bond fund has been launched by LGPS Central with four initial investors.
BlackRock tracker takes bulk of £1.3bn sustainable allocations
Sustainable investments attracted a large volume of assets at the start of the year, with net £1.3bn invested, over half of which went into a low carbon equity tracker managed by BlackRock according to the Morningstar Direct Fund Flows Commentary for...
Nest allocates £200m to BlackRock's ESG cash fund
Auto-enrolment master trust Nest has invested in an “environmentally aware” cash fund run by BlackRock as it steps up its climate change investment policy.
Emma Douglas: Why diversity initiatives fail
Emma Douglas is head of defined contribution at Legal & General Investment Management (LGIM). After 20 years at the top of the pension and investing sector, she tells Laura Miller how diversity initiatives fail, the blunt answer to the female boss problem,...
Link reveals price of first distribution to Woodford investors
Investors in the LF Equity Income fund, formerly run by Neil Woodford, will receive between 46p and 59p per unit they hold in the fund for their first capital distribution, Link Fund Solutions has said.
Link pushes date of investors' first back payment from stricken Woodford Equity Income
The date investors trapped in the Woodford Equity Income fund will receive their first capital distribution once the fund’s winding up process has begun has been pushed back to 30 January, Link Fund Solutions said.
CMA fiduciary manager comparison metrics a win for sector transparency
Metrics that will allow pension funds to compare providers’ performance for the first time will provide a much-needed boost to transparency, according to Dalriada Trustees.
UK Power Networks appoints BlackRock for £4bn fiduciary brief
BlackRock has been appointed as the fiduciary manager for the UK Power Networks Group of the Electricity Supply Pension Scheme (ESPS).
Five stories you may have missed this week
This week’s top stories included the selection of BlackRock as fiduciary manager for the £4bn legacy Electricity Supply Pension Scheme.
Border to Coast launches £5bn global equity alpha fund
The £45bn Border to Coast Pensions Partnership has launched its largest fund to date, with £5bn of Local Government Pension Scheme (LGPS) assets being allocated to global equity alpha.
Is NEST setting a benchmark for other DC schemes?
NEST has allocated 5% of assets to private credit and announced its two fund managers for this area. Holly Roach looks at how the provider is leading the way for other schemes
Aegon adds ESG allocation to its default fund
Aegon has incorporated ESG into its £19bn TargetPlan defined contribution (DC) default fund for its master trust and group personal pension plan.
NEST, Aegon and Ensign given green light as TPR approves five master trusts
NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).
Aegon master trust assets surpass £1bn
Aegon's master trust now manages over £1bn in savers' assets as its overall European life business continues to grow.
PP Investment Awards 2019 - Shortlists published
Here they are… The shortlists for this year's Professional Pensions Investment Awards.
Lloyds to pay SLA £140m in compensation over termination of Scottish Widows mandate
Lloyds Banking Group will compensate Standard Life Aberdeen (SLA) £140m for the attempted early termination of an investment management arrangement for Scottish Widows worth over £100bn.
Five stories you may have missed this week
This week's top stories included the GMP Equalisation Working Group publishing a call to action to help schemes begin the process.
Exclusive: Blackrock launches two ESG-focused funds
Blackrock has launched two ESG index funds for defined benefit and defined contribution (DC) schemes in response to growing demand for sustainable investment options.
UK Pensions Awards 2019 - The Winners
Here they are - the winners of the UK Pensions Awards 2019...
