Hints and tips:
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...which has the potential to be the biggest in the history of the industry....
...A single BlackRock fund accounted for $2.1bn of the third-quarter outflows. Sustainable funds shrank 0.85 per cent in the third quarter, while the industry overall was flat....
...Armitt is a former chair of the National Express Group and held senior roles with the Berkeley Group as well as the Board of Transport for London....
..., the industry body....
...“China has been a place where you could deploy capital, but getting it out is harder,” said Allen Waldrop, director of private equity investments at the $81bn Alaska Permanent Fund Corporation, which has...
...UK ministers are attempting to shore up the London market through a series of regulatory reforms and measures to encourage pension funds to invest in high-growth private companies, which may eventually list...
...UK pension fund trustees must consider increasing the range of their investments, including in start-ups or other illiquid assets, or face “robust” intervention, the British regulator has warned....
...(Simon Mundy) Smart reads The Taskforce on Social Factors, set up by the UK government to look at social risks and impacts that pension fund trustees should consider, published its final report yesterday...
...it despite the board’s blessing of the bid....
...Mick McAteer, a former board member of the FCA and a vocal critic of the Solvency II reforms, has publicly called for regulators to “put a hold on transfers of pension schemes to insurers until we have a...
...London Paul Ross Chairman, Optifuel, Chair CEA and former Director Advanced EngineeringSectir Advisory Board Susan Walton Director, Frost Consulting Mike Weston Chair of Trustees, Institute of Cancer...
...Today, the interests of the 10.1mn members of private sector DB schemes are overseen by about 5,200 boards of trustees, their advisers and their managers....
...Weingarten: There are times as an AFT trustee, when you’re sitting on the board of a pension fund and you see $4bn in front of you and you have to make an investment decision. Wow....
...The pension trustees should get £20mn from Wilko’s property assets, although it is unclear what the pension deficit is....
...Data visualisation by Keith Fray Letters in response to this article: Pension fund assets could be made to work for benefit of all / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...To quote Bailey again: The LDI model does not necessitate leverage; it is a way of managing the assets and liabilities of pension funds. But it has become more leveraged over time....
...In the UK, the pension consultant industry is both hugely influential and particularly concentrated, yet its investment advice to trustees is not currently regulated....
...Hiromichi Mizuno, the former investment boss of the $1.4tn-in-assets Government Pension Investment Fund of Japan, has joined MSCI as a special adviser to the chief executive officer....
...Last week, the heads of the Financial Conduct Authority and The Pensions Regulator conceded to a House of Lords committee that they had not been paying sufficient attention to the use of LDI by pension funds...
...They advise trustees — whose competence the watchdog has questioned — where to allocate funds, and which asset manager to pick....
...pension funds “the potential upside from investing in a broad portfolio of assets including equities”....
...The UK pension industry is calling on the Bank of England to extend its emergency bond-buying programme past Friday on concerns trustees do not have sufficient time to shore up their portfolios against further...
...Many in the City are blaming pension funds for the state of UK the market, calling on the Government to start forcing pension funds to pump hundreds of billions into UK listed shares, instead of overseas...
...Liability-driven investing (LDI) strategies that were used by thousands of UK pension schemes to invest in growth assets using leveraged gilt funds were at the centre of the crisis....
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