Senior Funds Correspondent
Raji's Feed
Nov 12, 2012

UK finance bonuses to plummet as London loses ground

LONDON, Nov 12 (Reuters) – Bonuses for 2012 in London’s
financial sector will more than halve to 1.6 billion pounds
($2.5 billion) in total, a study found, and some shareholders
are urging banks to cut pay even more.

The handouts will keep falling until 2015, the Centre for
Economics and Business Research (CEBR) said on Monday,
reflecting the impact of tougher financial market conditions and
public disquiet over the size of banker payouts.

Oct 31, 2012

Aviva Investors eyes infrastructure business growth

LONDON, Oct 31 (Reuters) – UK asset manager Aviva Investors
is preparing to launch a range of funds to invest in
infrastructure projects as it looks to win a bigger chunk of
pension fund cash.

The fund management arm of Britain’s second-biggest insurer
Aviva is developing funds that will buy stakes in
projects or provide debt funding, interim Chief Executive Paul
Abberley said in an interview on Tuesday.

Oct 25, 2012

Sovereign wealth funds, pension funds turn bankers

LONDON, Oct 25 (Reuters) – Yield-hungry pension funds and
sovereign wealth funds are stepping in where crisis-hit,
regulation-laden banks are pulling back: lending to cash-starved
businesses.

Pension funds hold more than $30 trillion of assets and
sovereign wealth funds some $3-5 trillion, meaning that even a
small shift to lending could help fill some of the gap left by
bank deleveraging.

Oct 22, 2012

UK pension funds may rank fund managers on activism

LONDON, Oct 22 (Reuters) – Britain’s pension funds are
weighing up plans to rank fund managers based on their efforts
to improve performance at the companies they back, in the latest
sign of institutional investors flexing their muscles.

Umbrella body The National Association of Pension Funds is
leading a campaign to develop a framework that would rate fund
managers according to their work towards, for example, improving
governance at companies.

Oct 10, 2012

Water funds on the rise

Oct 10 (Reuters) – Water has yet to live up to its hype as
the commodity bet of the future, but the world’s most basic
resource is drawing ever more money as asset managers seek
steady inflation-protected returns.

Investment opportunities are increasing as cities in faster
growing markets expand and as governments in more developed
countries, short of cash, are forced to turn to the private
sector to fund upgrades to meet tougher environmental standards.

Oct 2, 2012

Infrastructure investment funds stay buoyant

LONDON (Reuters) – Infrastructure funds continued to attract new money in the last three months, with institutional investors making fresh allocations in their quest for stable, inflation-linked returns, a new study has found.

Research firm Preqin said that some $14 billion was raised by funds holding an interim closing during the quarter, an increase of 33 percent over the previous quarter.

Oct 2, 2012

Infrastructure investment funds stay buoyant: study

LONDON (Reuters) – Infrastructure funds continued to attract new money in the last three months, with institutional investors making fresh allocations in their quest for stable, inflation-linked returns, a new study has found.

Research firm Preqin said that some $14 billion was raised by funds holding an interim closing during the quarter, an increase of 33 percent over the previous quarter.

Sep 17, 2012

Infrastructure investors search for south Europe deals

LONDON, Sept 17 (Reuters) – Infrastructure investors hoping
to snap up assets on the cheap from crisis-hit southern European
countries have found themselves scrabbling around for deals as
governments refuse to cut prices.

Many cash-rich funds are now preparing to spend the rest of
2012 on the sidelines after the expected fire sale on everything
from state-controlled airports to electricity grids failed to
materialise.

Aug 1, 2012

F&C boosted by new business wins, cost savings

LONDON, Aug 1 (Reuters) – F&C Asset Management said
new wins in its instititional business and higher cost savings
had helped the UK fund firm to narrow its net loss in the first
half of the year.

Reported loss after tax fell to 4.6 million pounds in the
first half of 2012, compared to 18.9 million pounds in the same
period last year.

Jul 25, 2012

UK government infrastructure fund finds first investor support

LONDON, July 25 (Reuters) – Britain’s first multi-billion
pound infrastructure fund to be seeded by pension fund investors
is on track to launch early next year, after receiving a strong
response from funds keen to invest in government projects such
as roads and power plants.

The Conservative-led ruling coalition plans to inject as
much as 20 billion pounds of pension fund money into tired
British infrastructure through vehicles like the Pension
Infrastructure Platform (PIP), to support the ailing economy.