The National Employment Savings Trust (NEST) has appointed J. P. Morgan Asset Management to run a new high yield bond mandate, with an initial allocation of £40m.
The auto-enrolment pension provider announced the new fund today, which will be added to the "building blocks" that make up the NEST Retirement Date funds. It said it will help further diversify members'...
Effective as of 1 November
In this week's inflation print, the UK hit a highpoint. According to the Office for National Statistics, the UK's CPI rate hit 3% - a level not seen in more than 5 years. And it's not just the UK - globally inflation has been creeping up.
Five new entrants to the table
Asset management taskforce set up