The funding deficit for final salary pension schemes at FTSE 350 companies swung from a low of £27bn (€31bn) to a high of £45bn during July, as volatility in the equity and bond markets caused assets to fluctuate in value.
Debt issues, particularly those in the US concerning the debt ceiling, dragged world stock markets down in the last week of July after a month of upward performance that had reversed June's losses. A global 1.29% gain turned into a 1.7% loss.
The use of environmental, social and governance (ESG) criteria when stock picking can lead to outperformance, according to a white paper from global asset manager RCM.
London fund management firm Schroders today announced the appointment of Nicholette MacDonald-Brown as a fund manager within its European equities team.
Investment research house Morningstar has unveiled its calculation of the synthetic risk reward indicator (SRRI), a measurement that all Ucits funds are required to provide as part of the Ucits IV regulations.
Investment platform Skandia is calling for a 'sunset clause' on commission received by advisers from legacy products after the implementation of the retail distribution review (RDR).
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