Asset Manager NewsM7 and Kamco Invest Group grow partnership with the acquisition of a further four office assets for c. £120 million
Kamco Invest Group and M7 Real Estate (“M7”), the pan-European investor and asset manager, have completed the acquisition of a further four office buildings via four separate transactions in central London and key regional locations across the UK for a combined value of over £120 million.
- Save article
NewsPeople moves: UK £1.2bn plumbing scheme seeks CEO
Plus: IGG welcomes 12 to group; Broadstone adds to consulting and actuarial division
- Save article
NewsAsset management roundup: P-Solve, Generali Investments, Russell Investments
EUROPE – The Network Rail CARE Pension Scheme has appointed P-Solve as a fiduciary manager.
- Save articleNews
UK’s £29bn Railways Pension Scheme names new trustee chair
Existing trustee director Chris Hannon to take over from John Chilman
Asset Manager NewsOrchard Street acquires prime Thames Valley industrial estate for £15.7 million from Kier Property and Investec
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has completed the acquisition of Trade City Reading, a multi-let industrial estate in Reading, developed in Joint Venture by Kier Property and Investec. The asset was acquired on behalf of St. James’s Place UK Plc. for £15.68 million, reflecting a net initial yield of 4.70%.
- Asset Manager News
Deka Immobilien acquires top office property in London
Deka Immobilien has secured a further high quality real estate asset in London. The fully-let core office building known as Cannon Place is under contract for a “headline price” of GBP 485 million.
- Save articleNews
People moves: Candriam CEO elected Efama’s president
Efama, Cardano, Aubrey Capital Management, Swiss Federal Council, MEAG, Crystal Trustee Company, Polar Capital, Spence & Partners
- Save articleNews
Rail union threatens strike over pension changes
[13:15 CET 24-02] UK – Around 7,000 UK railway workers are being encouraged to vote in favour of industrial action as unions claim Network Rail is planning to introduce a “two-tier” pension scheme for workers.
- Save articleNews
UK unions force DB reopening and private equity spat
UK – Union anger at closure of company defined benefit pension schemes has led to a reversal at Network Rail and a spat with private equity firm, CVC.
- Save articleNews
UK rail workers to act over pension closure
UK – Members of the RMT union at UK rail infrastructure firm Network Rail have voted to take industrial action over pensions, travel concessions and pay.
- Save articleNews
Former TPR chair O'Higgins joins LPFA/Lancashire partnership
Industry veteran to chair board of £10bn London and Lancashire Pensions Partnership
- Save articleNews
People moves: AXA IM Rosenberg Equities creates new senior ESG role
AP Pension, International Corporate Governance Network, PensionsEurope, Schroders, Lombard Odier, AMP Capital, Ossiam, Scope, Just, Berenberg, Transparency Task Force
- Save article
Asset Class ReportsInvestment Grade Credit: Veering between extremes
Capital markets are fluctuating between optimism and pessimism
- Save articleNews
Oil giant Shell to close UK DB pension scheme to new entrants
Labour union says ‘disgraceful’ decision based on ‘nothing less than greed’.
- Save articleNews
Railpen keeps mum on railway pension dispute
UK – Railways Pensions Management, the manager of the pension assets for the UK rail industry, is keeping its own counsel on the current pension dispute in the rail industry.
- Save articleNews
RailPen pushes into non-railway administration
[11:05 CEST 03-08] UK – RPMI, the third-party administrator set up by the £17bn (€25bn) Railways Pension Scheme (RailPen), are about to take on the fund administration for two major UK pension schemes, IPE has learnt.
- Save articleNews
Norwich confirms extra pension deficit
[16:55 CET 25-11] UK – Norwich City Council has confirmed the financial crisis has resulted in an unexpected pension liability of £19m, relating to staff employed by a contractor, which was not included in the annual financial statements.
- Save articleNews
Commission set up to review UK rail pensions
UK - An independent Railway Pensions Commission has been set up by the rail unions and employers to review the current railways pensions scheme, chaired by former Pensions Commission member Jeannie Drake.
- Save articleNews
Atkins fund plunges into deficit
UK – The pension scheme of project management company WSAtkins has fallen from a surplus into a £65m deficit.
- Save article
Special ReportUK: Thinking beyond Brexit
Pensions regulation has taken a backseat to Brexit but this has not stopped the industry from moving ahead with changes
Search results
Copyright © 1997–2024 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP