News

Morgan Stanley Investment Management (MSIM) has launched a development fund focused on bottom-up stock selection of companies with sustainable competitive advantages and long-term growth.

The Financial Conduct Authority (FCA) has set out new rules for cost disclosure for contract-based pension schemes, with default funds now required to publish cost and charges data by 31 July 2021, based on 2020 figures.

The University and College Union (UCU) has announced a further 14 days of strike action at 74 UK universities in a continuing dispute about pensions and pay.

Global investment management giants Hermes Investment Management and Federated Investors have combined to form a new responsible investment focused identity.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2020 estimates on the various measures…

Scottish health secretary Jeane Freeman has written to chancellor Sajid Javid demanding he find a solution for heavily-taxed senior NHS workers in his upcoming Budget.

River and Mercantile (R&M) has revealed it has been appointed to run a £1.16bn fiduciary mandate.

BNY Mellon Investment Management has expanded its sustainable offering with the launch of an absolute return global bond fund under the management of boutique Newton Investment Management.

Link Fund Solutions has written to investors to announce that the LF ASI Income Focus fund (formerly the LF Woodford Income Focus fund) will reopen on 13 February.

Former LGPS Central chief executive Andrew Warwick-Thompson has joined Capital Cranfield as a professional trustee.