InvestmentRSS

Tower Hamlets completes £700m equity protection strategy

On the go: The London Borough of Tower Hamlets Pension Fund has undertaken a £700m equity protection strategy with Schroders.

Should there be an industry-wide methodology for measuring value?

An agreed definition of value for money may help schemes measure value, but it is more important that trustees understand what they are buying and why.

British Coal scheme taps into UK infrastructure

cover graphic 261118 teaser

The British Coal Staff Superannuation Scheme has introduced a new allocation to UK infrastructure and increased its exposure to private debt, as part of its focus on assets that provide diversification, good return prospects and high cash yields.

Shell launches online hub to meet member demand

cover graphic teaser 191118

Royal Dutch Shell has introduced a new financial education hub for employees, as members of the company’s pension fund show appetite for online communications.

DB health improves but covenant strength ignored

Defined benefit pension schemes are not paying enough attention to the likelihood of their employer going bust when setting investment strategy, according to a new study assessing funding levels in the context of sponsor health.

Baptist scheme pulls DGF for global infrastructure

cover graphic 121118 teaser

Trustees of the defined benefit Baptist Pension Scheme have allocated to global infrastructure and dropped a struggling diversified growth fund manager.

New group set to bring in more transparency around charges

On the go: An industry group has been set up to work on implementing, promoting and encouraging the use of new cost transparency templates across the pensions and investment industries, with the aim of encouraging more consistent disclosure of costs.

Jaguar scheme opts for forestry and farmland

Cover graphic 051118 (teaser)

The Jaguar Pension Plan has invested in agriculture and timber funds in a bid to diversify its portfolio and develop its exposure to opportunistic private markets.

Pension giants challenge companies on climate lobbying

The Church of England Pensions Board and Swedish pension fund AP7 have written to 55 large companies on their approach to climate lobbying, as government and regulators take action on Environmental Audit Committee recommendations to improve pension fund governance.

Schemes shift attention from interest rates to inflation hedging

On the go: Inflation hedging has seen a sharp rise with activity up by 22 per cent in the third quarter of 2018, to around £24.2bn. Total interest rate hedging activity was around £29.2bn in the third quarter, a 1 per cent fall according to the BMO Global Asset Management.