Investors piling into European high yield debt are ignoring declining yields and weakening outlook, S&P Capital IQ warns.
Investec Asset Management chief executive Hendrik du Toit, managing director of UK distribution David Aird and other senior employees are to acquire a 15% stake in the business for £180m.
F&C asset management has reported outflows of £13.3bn during the course of 2012, as it comes to the end of a significant restructuring under activist investor Edward Bramson.
Richard Favier OBE is to step down from his role as head of restructuring and insolvency at the Pension Protection Fund in July 2013.
The largest local authority pension fund in the country has appointed a suite of managers to a framework for fundamental indexation services.
Unions have attacked government plans to allow employers to change scheme rules without trustee consent.
UK inflation expectations yesterday hit their highest levels since the beginning of the financial crisis in September 2008.
The Pensions Regulator has named Andrew Warwick-Thompson as its executive director for defined contribution governance and administration.
The latest fraud is just the tip of the iceberg, says Hannah Brenton
The Environmental Agency Pension Fund has moved £350m into environmental, social and governance strategies as it seeks to invest a quarter of its assets in the ‘green economy' by 2015.