5+ hour, 27+ min ago   (479+ words) WTW has launched a streamlined longevity swap solution, aiming to make longevity hedging more accessible, efficient and cost-effective for defined benefit (DB) schemes below £1bn. While longevity swaps are a well-established path for schemes in the UK market, with over £170bn of…...

1+ day, 4+ hour ago   (477+ words) Major UK pension providers are exploring the creation of a UK scale-up fund of more than £1bn to invest in high-growth UK science and technology companies. Railpen, NEST, Border to Coast Pensions Partnership and the British Business Bank are working together…...

1+ day, 6+ hour ago   (298+ words) PGIM has agreed to acquire the remaining 25% stake in Deerpath Capital, taking full ownership of the US private credit manager as it seeks to broaden its direct lending platform. The transaction, which remains subject to regulatory approval, follows PGIM’s acquisition…...

1+ day, 4+ hour ago   (907+ words) When Icelandic pension funds Almenni-Lífsverk and SL announced on 9 July that their boards had agreed a merger, the news came just over a month after the two funds had begun formally exploring the idea. The combined fund would be the…...

1+ day, 5+ hour ago   (509+ words) Germany’s nuclear waste management fund Kenfo has backed plans to introduce a Swedish-style capital-funded element to the country’s first pillar pension system, arguing that it is well placed to manage the proposed default fund. Kenfo chief executive officer and chief…...

1+ day, 6+ hour ago   (483+ words) Global private equity investment fell from $2.4trn (€2.1trn) to $2.3trn, and deal volumes dropped from 21,060 to 20,105, with the 12-month deal count falling to a twenty-one-quarter low, according to KPMG’s Q2’26 Pulse of Private Equity report. The mid-year global private equity exit volume was “incredibly…...

4+ day, 2+ hour ago   (272+ words) APG Asset Management and Swiss Life Asset Managers are both backing the launch of a new equity index range from STOXX, which the provider says captures nearly all of the investable equity universe and consists of building blocks institutional investors…...

4+ day, 4+ hour ago   (595+ words) Dutch pensions heavyweight PME has reduced its equity risk by about half ahead of its planned January 2027 transition to the new defined contribution (DC) system, to protect the current high value of the defined benefit (DB) assets which will determine how…...

4+ day, 2+ hour ago   (488+ words) NEST is expanding its data and technology capability with custodian Northern Trust as it approaches £100bn in assets under management (AUM), according to its chief operating officer, Paul Todd. With NEST’s investment operations team consisting of only “six or seven people…...

4+ day, 3+ hour ago   (449+ words) The long transition process underway in the Dutch occupational pensions sector passed a key moment this month when the largest pension fund got the official go-ahead for its plan to put accrued pensions onto a collective defined contribution (DC) basis. Earning…...