Zurich has launched an auto-enrolment default investment fund in conjunction with Schroders after the recent launch of its own defined contribution master trust.
Ameriprise Financial has appeared to rule out a potential acquisition of Scottish Widows Investment Partnership (SWIP), saying available M&A opportunities "do not meet our criteria".
Threadneedle parent company Ameriprise Financial is preparing an £800m bid for Scottish Widows Investment Partnership, according to reports.
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Royal Borough of Kingston upon Thames pension fund has hired Aon Hewitt as its investment consultant ahead of a review of the fund's investment strategy and asset allocation.
Some asset managers display "inconsistent" voting strategies on remuneration and are reluctant to disclose voting behaviour, FairPensions research says.
Santander Asset Management UK has expanded its fixed income team with the appointments of Elena Kstova-Oksanen and Andrew Shenton.
Threadneedle has appointed John Peta as senior fund manager leading the firm's emerging market debt team as well as three other hires within its global fixed income team.
Multi-asset managers are increasing their cash holdings amid fears of a Greek exit from the eurozone.