News in brief 13 December 2019

Brunel Pension Partnership has allocated $1bn (£798m) to Fiera Capital’s Global Equities Strategy.

The mandate appointment follows a tender process in which Brunel set out its expectations for a long-term approach and a high return of 3 per cent or more over benchmark. The London Borough of Newham Pension Fund has also recently announced that it has doubled its commitment to Fiera Capital’s Global Agriculture Fund, meaning that Fiera Capital now manages three strategies on behalf of Local Government Pension Schemes.

Atlas Master Trust has become a signatory to the Principles for Responsible Investment (PRI).

The £1.1bn master trust is one of the first master trusts in the UK to sign up, and has joined within the asset owner category. This also follows the announcement from Atlas earlier in the year, in which they announced plans to transfer the core equity holding in their Multi Asset Portfolio Funds, which form its default strategy, into sustainable investments.

State Street has announced plans to provide Exchange Traded Fund (ETF) services with VanEck.

The arrangement will see State Street providing a variety of back office services, such as accounting and administration functions, for over 60 VanEck funds, bringing the firms total ETF assets under administration to $3trn (£2.24trn). The firm has now also announced that this arrangement will see it service close to 70 per cent of US ETF and exchange trade products assets under management.

    Share Story:

Recent Stories


Climate Investing
Laura Blows speaks to Aled Jones, Head of Sustainable Investing for Europe at FTSE Russell, and Adam Matthews, Director of Ethics and Engagement for the Church of England Pensions Board, about the role of climate investing within a pension fund portfolio.

Managing volatility
In the latest Pensions Age podcast, Laura Blows speaks to Cambridge Associates head of European pension practice, Alex Koriath, about the Covid-related market volatility and how pension funds can prepare for the challenges ahead

De-risking options for pension schemes
In this latest Pensions Age podcast, Linklaters' Sarah Parkin talks to Laura Blows about the wide range of choice available to pensions schemes for the partial, or full, removal of their risks

Risk transfer opportunities
Laura Blows speaks to Lisa Purdy, Head of Fiduciary Distribution at Legal & General Investment Management and Gavin Smith, Pricing and Execution Director - UK PRT at Legal & General, about the impact of the recent market volatility on the bulk annuity and risk transfer market and the potential opportunities for the future

Bulk annuities during coronavirus
Laura Blows speaks to Just business development manager Prash Mehta about the impact of coronavirus on transactions