U.K.

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  1. Church of England grows U.K. forestland portfolio with £49 million acquisition

    trueThe Church Commissioners for England, London, have become the largest private commercial forestry investor in the U.K., with a deal to purchase a £49 million ($76.8 million) forestry portfolio.

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  1. Royal Holloway, University of London seeks multiasset endowment manager

    trueRoyal Holloway, University of London, is searching for a manager to run a £20 million ($31.3 million) multiasset endowment fund.

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  2. Man Group to add leveraged loan manager Silvermine Capital to stable

    trueMan Group agreed to acquire Stamford, Conn.-based leveraged loan manager Silvermine Capital Management, the latest of four deals to expand its presence in the U.S.

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  3. J.P. Morgan Asset Management acquires Aviva's Asia-Pacific real estate business

    trueJ.P. Morgan Asset Management acquired Aviva Investors' Asia-Pacific real estate business and is taking on the entire 16-person team from Aviva and $1.2 billion of diversified assets in Australia, New Zealand, Japan and Singapore.

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  4. Lancashire County pension fund seeks pool of investment consultants

    trueLancashire County Council Pension Fund, Preston, England, is searching for a pool of investment consultants.

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  5. Associated British Foods DC plan drops PIMCO multiasset fund for Invesco Perpetual

    truessociated British Foods DC Pension Scheme, London, is adding Invesco Perpetual’s Global Targeted Returns Fund to the lineup of its defined contribution plan. The Invesco fund will replace the PIMCO Global Multi-Asset Fund, which is being removed this month.

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  6. CIBC said to mull offer for LSE's Russell Investments

    trueCanadian Imperial Bank of Commerce is weighing a bid for Russell Investments,which London Stock Exchange Group is preparing to sell early next year.

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  7. U.K. pension funding shortfall balloons in November

    trueThe aggregate deficit of occupational pension funds in the U.K. Pension Protection Fund’s 7800 index increased 34% to £221.1 billion ($346.7 billion) in November.

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  8. NEST executive seeks innovation in DC strategies

    trueThe chief investment officer at the National Employment Savings Trust, London, has thrown down the gauntlet to providers of defined contribution strategies to innovate for a new DC market in the U.K., when participants will no longer be required to purchase an annuity — but to keep the participant ...

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  9. DC participants surpass DB in U.K. for first time

    trueActive participants of defined contribution plans in the U.K. outnumber active participants of defined benefit funds for the first time in the 40 years of the National Association of Pension Fund's annual survey.

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  10. Tax change spurs £9 billion of commitments to U.K. private placements

    trueSix money managers and insurers have announced around £9 billion ($14.1 billion) of commitments to U.K. infrastructure and other private placements in the U.K., following a change in tax treatment.

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  11. Pension Protection Fund issues call for panel of specialist consultants

    truePension Protection Fund, Croydon, England, is searching for 12 to 15 consultants to form a panel of specialist investment advisers that can be engaged on short notice for ad hoc specialist advice, or money manager due diligence, said a spokesman for the pension fund.

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  12. U.K.'s NEST seeks short-term gilt managers

    trueNational Employment Savings Trust, London, is looking for a manager to run 10 single-year maturity gilt allocations, said Mark Fawcett, chief investment officer at the £260 million ($407.3 million) plan.

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  13. London Pensions Fund Authority, Lancashire County plan to pool their assets

    trueLondon Pensions Fund Authority and Lancashire County Council Pension Fund announced a partnership that would see them pool about £10 billion ($15.7 billion) of assets to save costs, improve performance and increase access to illiquid investments.

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