U.K.

Watch breaking news videos and read news updates about U.K. on pionline.com

  1. Aberdeen to expand U.S. presence with FLAG Capital Management acquisition

    trueAberdeen Asset Management will acquire U.S. and Hong Kong-based private equity and real assets funds-of-funds manager FLAG Capital Management, in a deal that will expand Aberdeen's presence in the U.S. market.

    Articles

  1. Aberdeen CEO says investors should remain true to investment style in tough markets

    trueMoney managers and investors must remain true to their investment style and policies despite the difficulties in achieving yield in the current market environment, said Martin Gilbert, CEO at Aberdeen Asset Management.

    Articles

  2. U.K.'s Pensions Regulator highlights importance of employer contributions to plug deficits

    truePension funds that cannot afford to take higher risk to help plug growing deficits should turn to their employer for increased contributions, so they do not have to extend their recovery plan end date, said The Pensions Regulator.

    Articles

  3. West Sussex County sticks with Baillie Gifford for balanced fund strategy

    trueWest Sussex County Council Pension Fund rehired Baillie Gifford to manage a £1.2 billion ($1.9 billion) balanced fund allocation.

    Articles

  4. London Pensions Fund Authority picks Apollo for credit strategy

    trueLondon Pensions Fund Authority hired Apollo Global Management to run a £150 million ($235.1 million) alternative credit allocation, a spokesman said.

    Articles

  5. National Grid U.K. Pension Scheme selling in-house money manager

    trueThe trustees of the National Grid U.K. Pension Scheme is looking to sell its in-house money management business, Aerion Fund Management, as it moves to outsource the management of its £17.3 billion ($27.1 billion) of assets.

    Articles

  6. Pension Insurance Corp. taps new CIO

    trueRobert Groves was named chief investment officer of Pension Insurance Corp., a specialist insurer of defined benefit plans.

    Articles

  7. Altmann takes the helm as U.K. pensions minister

    trueRos Altmann was appointed pensions minister at the Department for Work and Pensions following a reshuffle of the U.K. Conservative Party's ministerial cabinet.

    Articles

  8. Church Commissioners for England returns 14.4% in 2014

    trueThe investment portfolio of the Church Commissioners for England, London, returned 14.4% for the year ended Dec. 31, thanks to strong performance by a number of the endowment fund’s allocations, including a gain of 7.8% across its equities portfolio.

    Articles

  9. Florida Legislature repeals law restricting pension fund investment in Northern Ireland

    trueFlorida State Board of Administration, Tallahassee, will be able to invest in Northern Ireland without state statutory restrictions if a bill passed by the Florida Legislature becomes law.

    Articles

  10. Former GSAM chairman named to Treasury position in U.K. government

    trueJames “Jim” O'Neill was named commercial secretary to the treasury in the new U.K. government.

    Articles

  11. U.K. pension funding deficit falls 17% in April

    trueThe aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index decreased 17.2% to £242.3 billion ($367 billion) in April as gilt yields rose.

    Articles

  12. U.K.'s Cameron appoints new pensions minister

    trueRos Altmann was appointed pensions minister at the Department for Work and Pensions following a reshuffle of the U.K. Conservative Party's ministerial cabinet.

    Articles

  13. Newton Investment taps U.K. institutional business development manager

    trueElizabeth Para was named U.K. institutional business development manager at Newton Investment Management.

    Articles