UK’s BTPS forges independent identity

Since splitting from its former inhouse manager, Hermes, the £50 billion British Telecom Pension Scheme has set about redefining itself. With a self-reliance borne of technology, the fund has brought portfolios and functions inhouse and started a bigger push into mature infrastructure.

Fixed income, ESG start to bond

ESG integration in fixed income is finally starting to happen but the challenges it presents aren’t the same as in equities; for example, bondholder rights and shareholder rights aren’t the same. Have a look at what’s necessary to further blend ESG and fixed income.