BMO Global Asset Management

Pension scheme inflation hedging activity fell by 17% quarter-on-quarter to £30.4bn in the first three months of the year, BMO Global Asset Management research reveals.

LGPS Central has launched its £680m multi-asset credit (MAC) fund with initial buy-in from four local authority partner funds.

Ameriprise Financial – the US parent of Columbia Threadneedle Investments – is set to acquire the EMEA asset management business of BMO Financial Group in a £615m all-cash deal.

Pension schemes increased their inflation hedging in the final quarter of 2020 as major issues were concluded in a “momentous geopolitical quarter”.

The US economy is on course to do better than Europe post-lockdown, thereby supporting US equities but raising inflation worries, according to economists.

Here they are… The shortlists for this year's Professional Pensions Investment Awards.

Pension schemes significantly heightened their interest rate and inflation risk hedging in the second quarter of the year, according to BMO Global Asset Management.