Archive

L&G launches affordable housing provider

Insurance CIOs increase non-traditional allocations

Chief investment officers of several insurers have increased allocation to non-traditional and non-investment grade assets, according to investment firm KKR.

PRA threatens section 166 investigations for excessive matching adjustment applications

Pimco to buy £5bn of collapsed bank mortgages

Pimco, the largest bond fund manager in the world, is to buy £5bn ($5.7bn) of mortgages from collapsed British banks, Northern Rock and Bradford & Bingley, according to Sky News.

Blackrock, JPMorgan AM and Schroders into second round for Scottish Widows £109bn mandate

BlackRock, JPMorgan Asset Management and Schroders have been invited into a second round of bidding for Scottish Widows' £109bn ($152bn) investment mandate, according to the FT.

Aberdeen Standard Investments' CIO's interesting 12 months

Rod Paris, CIO at Aberdeen Standard Investments (ASI), talks about the company's transformational twelve months following the merger and that cancelled Scottish Widows mandate, likely to cost the company some 20% of its assets. By Sarfraz Thind

PIC invests £60m in south London social housing

UK insurer of defined benefit pension funds Pension Insurance Corporation (PIC) has completed a £60m ($83.6m) debt investment with south London-based housing association Phoenix Community Housing.

Solvency II key for insurance-focused asset managers, says Cerulli

Solvency II-relevant investment work remains high on the list of considerations for asset managers, according to a survey of 41 insurers and asset managers by consultancy Cerulli Associates.

M&G buys £50m UK office and industrial assets

M&G Real Estate has bought two UK office buildings and an industrial portfolio, its first acquisitions on behalf of the M&G UK Enhanced Value Fund launched in February.

Goldman Sachs' survey shows insurers less positive about investments

Insurers are less positive about investment opportunities than they were a year ago, according to a Goldman Sachs Asset Management (GSAM) survey.