BP

The Great Ropemaker Partnership - 50% owned by the BP Pension Fund - is to buy two Central London properties for £132.75m with the intention to boost their values through active management.

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Schemes with equity holdings in oil giant BP should vote down a pay deal lined up for departing executive, Pensions & Investment Research Consultants urges.

FairPensions has called on UK scheme members to question the oil industry's "increasingly risky business model" in the wake of the BP Deepwater Horizon disaster.