Aegon’s equity high alpha fund is aimed at pension and institutional investors seeking to maximise returns and access to the AEGON equity team through a pooled fund. The fund manager is Peter Shaw, who currently manages the firm’s UK tactical pension fund.
The objective of the fund is to outperform the FTSE All Share by 4 per cent a year over a rolling three-year period. It will look to invest in between 45 and 55 stocks and will have a higher than average risk profile.
Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.
Trade unions have called on some of Amazon’s leading shareholders to use their influence to fight for better working conditions. Legal & General, Baillie Gifford and Aberdeen Standard were among City heavyweights to hear presentations this month at the TUC’s head office from unions like the GMB, the Guardian reports. A dozen leading fund managers […]
Banks could be asked to contribute an extra £100m towards the cost of debt advice, under plans being pushed by the government’s new guidance service. Former FSA boss Sir Hector Sants, now chair of the Money and Pensions Service, tells the Times he is highly likely to demand an increase in the debt advice levy, […]
The Financial Ombudsman Service has defended the use of targets for each of its caseworkers. In responses to a Freedom of Information Act request published online, the adjudication body was asked to provide weekly or monthly targets over the last quarter for each area of case work. In its response, FOS says that while it […]