Aptia has appointed Jo Tyler as its UK chief operating officer (COO)
The growing use of private markets in defined contribution (DC) schemes could squeeze active management out of listed portfolios as schemes come under pressure to manage fee budgets, according to Wellington Management.
Wellington Management UK DC client lead, James Myhill, warned that as schemes increase allocations to private markets, a greater share of their overall fee budget is likely to be committed to actively managed illiquid assets






