- Aegon has launched a guide to help employers think about the steps they can take to improve the financial wellbeing of their workforce.

The guide, aimed at firms of all sizes, aims to support positive financial wellbeing by suggesting ways for employers to engage with their staff. Research from Aegon has shown that employers lack confidence and knowledge to support workers with financial worries. Just 50 per cent said they would be able to provide information to staff on debt issues and over a quarter said that they weren’t sure if they could provide information on saving for retirement.

- State Street Global Advisers (SSGA) has been announced as the first index manager for Asset Management Exchange (AMX) passive funds.

SSGA will launch two investment strategies with AMX, the MX CCF – SSGA – Global Equity, which tracks the MSCI World Index, and the AMX CCF – SSGA – Global Adaptive Capped ESG which tracks the MSCI ACWI ex Thermal Coal Adaptive Capped 2.0 ESG Universal Index. The funds will be managed by State Street Global Advisors whilst being owned, administered and branded by AMX.

- M&G Investments has announced the opening of its first two offices in Australia, in Sydney and Melbourne.

The firm is seeking to establish a “ground presence” in the Asia Pacific region, and has appointed Chris Andrews as head of business development, Australia, and James MacKinnon as head of Australia, real estate. M&G head of institutional fixed income, William Nicoll, said: “These appointments enable us to deepen our relationships with Australian institutional investors, enhance our client service and to partner with them on international opportunities.”

Share Story: