Latest articles from Rachel So

John Laing agrees £320m deal with Aviva, Artemis finalises full buy-in

Risk Watch

Risk Watch: A roundup up of the latest derisking transactions, including the John Laing Pension Fund deal with Aviva, and Artemis Pension Plan’s full buy-in with Just Group.

National Grid scheme appoints outsourced investment manager

News on the go

On the go: The circa £12bn National Grid UK Pension Scheme has appointed Russell Investments as its outsourced investment manager.

LGPS funds and pools cement bet on alts in Q2

iStock

Data crunch: LGPS funds awarded 37 mandates to asset managers during the second quarter, a time when these schemes and local authority pools increased their allocations to alternative investments.

London Borough of Newham invests in Paris-aligned index fund

News on the go

On the go: The £1.6bn London Borough of Newham Pension Fund has invested in a new environmental, social and governance fund with Legal & General Investment Management.

Nest to invest 5% of assets in private equity

News on the go

On the go: The government-backed master trust Nest plans to allocate 5 per cent of its total assets to private equity, which is estimated to be worth £1.5bn by the end of 2024.

Nest hires strategic investment research services firm

News on the go

On the go: The government-backed master trust Nest has hired a company to provide strategic investment research services.

Norfolk County Council fund extends passive management

News on the go

On the go: Norfolk County Council has extended the duration of its passive investment management services framework and transition management and implementation services framework for an additional year as a result of the Covid-19 pandemic, according to notices on the Official Journal of the EU.

Pearl Group pension fund completes further buy-in

News on the go

On the go: The £2.9bn Pearl Group Staff Pension Scheme, one of Phoenix Group’s main pension schemes, has completed a second £998m buy-in with the group’s life assurance company, Phoenix Life.

NFU Mutual pension fund hires Trafalgar House as administrator

News on the go

On the go: The NFU Mutual Retirement Benefit Scheme, with £1.1bn in defined benefit assets and £206.2m in defined contribution assets, has appointed Trafalgar House to provide administration services, effective from July 1 2021.

Signet Group scheme completes full buy-in with Rothesay

News on the go

On the go: The Signet Group Pension Scheme has completed a £236m full buy-in with Rothesay. Mercer was the lead broker on the transaction.