Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced the completion of the acquisition of Cardano. Read more here.
Cardano, the investment management and advisory specialist, has announced that its Discover AI covenant tool will be available through Knowa. This integration with Knowa brings Cardano’s Discover AI covenant analysis closer to the Trustees’ fingertips, empowering them with real-time covenant insights within the Knowa platform. Find out more here.
We are very pleased to have supported the Trustees of the Coats UK Pension Scheme on its £1.3bn buy-in with Pension Insurance Corporation (PIC) which has been announced today.
Our advice helped the Trustees evaluate the financial strength and ESG implications of transacting with its selected insurer counterparty. Read more here.
Cardano, the investment management and advisory business, today announces the appointment of Jonathan Repp as Director and Sonia Sandhu and Jacob Wooderson as Analysts to expand its Risk Solutions team. This move will enable the Risk Solutions team to address the growing demand in the space and expand its use of technology to enhance data and benefits analytics.
Cardano is pleased to announce that its application to remain a signatory of the UK Stewardship Code has been successful. As a signatory, Cardano adopts an active approach to stewardship that includes engaging collaboratively alongside other investors, using tools such as filing shareholder resolutions and voting at AGMs to express our views, or disinvesting if needed.
The polls were right – today the UK woke up to a new Government. The Labour party secured a landslide victory. Read our comments on the immediate market reaction and what future corporate activity could look like here.
In line with market expectations, the Bank Of England’s Monetary Policy Committee (MPC) again voted to maintain interest rates at 5.25%. Read Ross Barr’s, Senior Multi-Asset Strategist, comments on the latest decision, how inflation trends have improved through the year, and how fiscal conditions will limit the incoming government’s room for manoeuvre here.
Mercer, a business of Marsh McLennan and a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, today announced that it reached an agreement to acquire Cardano in the UK and Netherlands. Read more here.
On 9th May, the Bank of England’s Monetary Policy Committee again voted to maintain interest rates at 5.25%. Notably, the vote was split (7 to 2) with a minority of MPC members voting for a rate cut to 5.00%. Read our thoughts here on the latest decision and the updated economic forecasts.
Cardano, the investment management and advisory business, today announces the appointment of Guinevere Taylor to the new role of Head of Local Government Pension Scheme (LGPS) Relationships. Read more here.
The measures that the Department for Work & Pensions (DWP) and the Government are proposing would “open up” the DB market and make other options more achievable. Read our thoughts on the Options for Defined Benefit consultation here.
