News

UK/US - BNY Mellon Asset Management has completed the acquisition of Insight Investment Management from Lloyds Banking Group.

UK - Schemes hedged liabilities of more than £11.4bn (US$18.6bn) during the third quarter of the year, analysis from F&C revealed.

LATIN AMERICA - Latin American pension funds have been dropping mutual funds and tapping emerging markets exchange traded funds (ETFs) to gain exposure to non-domestic equities, industry figures said.

East Sussex County Council Pension Fund is looking to hire a firm to provide a responsible investment overlay service with particular emphasis on environmental impact.

UK alone in pension fund slump, says OECD

The UK is the only major developed nation where pension scheme deficits have worsened this year, Organisation for Economic Co-operation and Development figures show.

BNY Mellon Asset Management has completed the acquisition of Insight Investment Management from Lloyds Banking Group.

Stroud and Swindon is to close its defined benefit scheme to future accrual, the building society confirms.

Balanced pooled funds posted a median return of 18.4% in the third quarter of 2009, latest pooled pension fund performance results from BNY Mellon Asset Servicing reveal.

Schemes hedged liabilities of more than £11.4bn during the third quarter of the year, analysis from F&C reveals.