InvestmentRSS

Suffolk holds firm through equity volatility storm

Suffolk Pension Fund has reported a bounceback in its asset values after taking a £327m hit in the first quarter of the year, as experts said it is still legitimate for immature defined benefit schemes to lean on the equity risk premium.

Railways scheme among DB backers in biomass plant acquisition

News On the Go

On the go: The Railways Pension Scheme is among the defined benefit pension schemes behind the takeover of Sleaford Renewable Energy Plant in Lincolnshire, led by private equity company Greencoat Capital.

Morrisons’ shareholders advised to vote against pension payout

News On the Go

On the go: Morrisons’ shareholders have been advised to vote against executive pension payouts, as they are not aligned with the majority of the retailer’s workforce.

USS divests from coal, tobacco and weapons manufacturers

Coal power station (teaser)

The UK’s largest pension scheme has announced it is to divest from selected coal, tobacco and weapons manufacturers, following years of campaigning by members and activist groups.

Poor Q1 returns catch up on risky fiduciary managers

Fiduciary managers with heavily equity-based portfolios suffered the heaviest losses in the first quarter of 2020, as the wide variation in strategies continues to provoke discussion about the right level of growth portfolio diversification.

Small scheme bulk annuity deals set for surge in demand

News On the Go

On the go: The number of small scheme buy-ins and buyouts could increase by 25 per cent in 2020, according to research from LCP.

LGPS has £2bn invested in alleged ‘illegal Israeli settlement’ companies

Thirty-three Local Government Pension Scheme funds retain investments worth more than £2bn in arms manufacturers and in companies accused of supporting illegal Israeli settlements, as some of these schemes opt for engagement instead of divestment.

LGPS prepared for lower investment return in 2020

News On the Go

On the go: While the Local Government Pension Scheme had a return of 6.2 per cent in 2019, its advisory board is monitoring the current market turmoil closely and is prepared for a downturn in 2020.

Consumers unaware of pensions’ ESG power

News On the Go

On the go: The majority of consumers take steps to improve the sustainability impact of their daily lives, but fail to apply these lessons to their finances, according to a new study by master trust Nest.

Smart eyes alts allocations after Natixis backing

News On the Go

On the go: Master trust Smart Pension has attracted investment from asset manager Natixis, in a strategic partnership that the companies hope will see members gain access to the fund house's suite of alternative strategies.