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Investor Profile

Penny Green: London’s lady of the long term

When Penny Green joined the Superannuation Arrangements of the University of London (SAUL) as chief executive in 1998, the multi-employer defined benefit scheme had £790 million ($1.27 billion) assets under management and two asset managers. Sixteen years later the pooled fund now manages assets for 49 employers in higher education institutions including the University of […]
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BFP to boost UK economy

In a policy to galvanise pension fund assets to help boost its ailing economy, the UK government wants funds to invest in small and medium-sized businesses. As part of its Business Finance Partnership (BFP), it has named four asset managers to run specialist funds backed by pooled government and private capital. The funds will invest […]