Latest articles from Rachel So

Reuters Pension Fund incorporates ESG factors to improve returns


The £2.8bn Reuters Pension Fund is integrating environmental, social and governance factors into its portfolio in order to improve risk-adjusted returns, while achieving a funding level above 100 per cent in 2020.

Shepherd Foods completes £3m buyout with Aviva

On the go: The Shepherd Foods (London) Limited defined benefit pension scheme has completed a £3m buyout with Aviva Group.

Church of England publishes first stewardship report

On the go: The Church of England Pensions Board has published its first annual stewardship report, setting out its future priorities, which focus on climate change and extractive industries.

Smart Pension invests in private market illiquids

On the go: The £1.5bn Smart Pension master trust has introduced private market illiquids into its default fund after developing a solution in partnership with Natixis Investment Managers.

Merchant Navy plans to insure all liabilities by 2025

On the go: The £4.1bn Merchant Navy Officers Pension Fund plans to insure all of its remaining liabilities by 2025, as it is set to undergo its next triennial actuarial valuation at the end of the quarter.

Lambeth scheme appoints multi-asset credit manager

On the go: The £1.7bn London Borough of Lambeth Superannuation Fund has appointed a new multi-asset credit manager. The scheme also intends to move some of its alternative mandates to the London Collective Investment Vehicle.

Telefónica UK Pension Plan signs UN’s PRI initiative

On the go: The £1.7bn Telefónica UK Pension Plan has signed the UN’s Principles for Responsible Investment.

Royal Mail Pension Plan invests in domestic property

On the go: The £12.5bn Royal Mail Pension Plan has invested in Wayhome, a UK property company that encourages gradual home ownership through a hybrid rent and buy model. 

DB master trust invests in low-carbon equity fund

On the go: TPT Retirement Solutions, which has £10.5bn in defined benefit assets, has invested in a new climate-tilted index equity strategy launched by Legal & General Investment Management.

West Ferry Printers scheme completes £120m buy-in

On the go: The West Ferry Printers Pension Scheme has completed a £120m buy-in transaction with Rothesay Life, securing the benefits for the remaining 263 members of the scheme.