Latest News from IPE – Page 439
-
NewsPension funds ‘remain in scope’ of financial transaction tax law
Brussels-based pension fund and insurance lobby groups reiterate concerns ahead of technical meeting tomorrow
-
News
Italian roundup: Fonchim offers five mandates worth €1.75bn
Utilities sector fund Pegaso seeks consultant; Media industry fund tenders mandates for equity and bond managers
-
NewsEU court sinks investment cost tax reclaim case for UK charities
Cambridge University has been denied the right to reclaim VAT on fund management fees, casting doubt over the future tax situation for UK charities
-
News
ASR grows consolidation vehicle with €1.2bn pension client
The insurer’s general pension fund’s assets are set to grow to €3.5bn, while its membership will hit 7,000
-
News
People moves: Kempen hires trio to boost UK fiduciary offering [updated]
Kempen Capital Management, Capital Group, Brunel Pension Partnership, JO Hambro Capital Management, Franklin Templeton, AMF, Impact Investing Institute, Daymer Bay, XPS Pensions Group
-
News
Experts voice concerns over planned Italian second-pillar fund
Aon and SSGA say Italy’s INPS is unsuited to run a proposed new pension fund and should focus on developing existing arrangements
-
News
Dutch scheme Owase to join ASR’s consolidation vehicle
€900m manufacturer’s scheme will boost Het Nederlandse Pensioenfonds’ assets to €2.4bn, making it the second-largest APF in the Netherlands
-
News
UK government consults on merger of two local authority pension funds
Merger of £492m closed transport authority fund into £15.7bn West Midlands Pension Fund intended to address solvency risks
-
News
Standard Life Aberdeen and Lloyds settle dispute over £104bn contract
Standard Life Aberdeen will continue to run £35bn on behalf of Lloyds Banking Group until “at least April 2022” and receive £140m compensation
-
NewsRegulator fines former Standard Life subsidiary £31m over annuity misselling
Standard Life Assurance failed to have robust systems and controls around its pension annuity sales, according to the FCA
-
News
New UK leader faces same Brexit challenges, say managers
Boris Johnson, former mayor of London, will become the UK’s prime minister tomorrow with the UK’s EU departure date of 31 October looming large on the horizon
-
NewsChurch of England creates risk-focused strategy role
Former Bank of America Merrill Lynch and Deutsche Bank strategy chief joins £8bn Church Commissioners for England
-
News€75bn Australian pension mega-merger kicks off consolidation drive
First State Super and VicSuper deal will create Australia’s second biggest superannuation fund, and three more multi-billion-dollar deals are in the pipeline
-
NewsProxy adviser group revises best practice principles
Code of practice updated to introduce new governance, monitoring and reporting structures for proxy advisory companies
-
NewsESMA advises against explicit ESG analysis mandate for credit rating agencies
Watchdog says credit rating agencies should stay focused on creditworthiness, but transparency of how they consider ESG factors could be improved to help investors
-
News
€21bn pension merger back on track as transport sector schemes agree terms
Industry-wide pension schemes for railways and public transport agree to join forces after 2016 discussions collapsed
-
NewsMSCI warns of €1bn-plus funds running liquidity risks
Data group analyses 400 UCITS funds and reports on liquidity profiles in wake of high-profile suspension of LF Woodford Equity Income fund
-
NewsMixed pension fund response to Swedish government green bonds plan
Financial markets minister Per Bolund says investors will play a ‘central role’ in the green transition as government sets out plan to issue debt by next year
-
NewsUS academics challenge whether ESG investing must be fiduciary duty
Two law professors have argued that the position taken by the PRI and others is ‘contrary to both law and economics’
-
News
£22bn UK pension fund ‘should divest from fossil fuels now’, say protesters
Campaigners gather outside Greater Manchester Pension Fund’s office, but scheme argues it is already ‘working hard’ to achieve climate risk goals
