Investec

The Brunel Pension Partnership has launched an emerging markets sub-fund following the appointment of Genesis Investment Management, Wellington Management and Investec Asset Management as investment managers.

Anna Genda has been appointed a director for defined benefit (DB) and defined contribution pensions (DC) at Investec Asset Management.

JLT Investment Solutions has invested £14m on behalf of clients in Investec Asset Management's new credit strategy, which aims to enhance yields while preserve capital.

Raised over £167,000

Hendrik du Toit, founding CEO of Investec Asset Management, is to become co-CEO of the wider Investec Group from 1 October 2018, as John Green and Mimi Ferrini step up to become joint-CEOs of the asset management business.

Fund groups have been criticised as newly disclosed transaction costs under MiFID II show the actual cost of ownership of some of the UK's most popular funds is as high as 85% above previously disclosed OCFs.

Four young men crossing the Atlantic in a pedalo

The transparency code set up in June for the £217bn Local Government Pension Scheme (LGPS) is quickly gaining traction among asset managers, with the total number of signatories reaching 12.

The Consumer Price Index (CPI) rose to 1.6% in December on the back of falls in sterling following the Brexit vote, its highest level in two years.