Investors with $24trn in assets urge governments to take action over climate change, proposing regulatory changes to enable low-carbon, renewable-energy investment
Swisscanto estimates 4% return for first half of year, lifting average funding levels
Head of governance says shareholders fail to communicate intentions, as FRC chairman warns of breach in ‘principle’ of Stewardship Code
Removing redistribution would help build sustainable pensions system, says Bureau for Economic Policy Analysis
Mercer criticises unattractiveness, complexity of government’s proposals
Fund shows strong returns from private equity, commits to further real estate and infrastructure exposure
Consultancy cites indexation potential with returns of 6%-7% and rising interest rates
Swedish buffer fund, French reserve fund jointly develop index with MSCI, Amundi
Founder of Ortec Finance had been suffering from cancer since late 2013
Industry expert moves over from HM Treasury pensions role to takeover front-line pensions policy
Cardano chief executive to step down to focus on ‘new opportunities’
Gustaf Hagerud relocates to London to become partner in UK asset management firm
Investor tenders $350m US high-yield mandate using IPE-Quest
EUROPE – European investor tenders $25m global high-yield debt mandate using IPE-Quest.
GLOBAL – Asian investor tenders $200m Singapore government debt mandate.
EUROPE – Continental pension fund tenders £50m, passive, UK Gilt mandate using IPE-Quest.