After an extensive search, Allianz has chosen Cardano, as its asset manager for the defined contribution schemes of Allianz Pensioen and Allianz PPI Pensioen in the Netherlands. In total, Cardano will manage more than €2 billion of assets for Allianz.
Cardano advised Amey, a leading British infrastructure services and engineering company, through its recent sale by Ferrovial to consortium purchasers One Equity Partners and Buckthorn Partners. The transaction represented an enterprise value of £400 million.
DEI remains a low priority for many pension trustee boards when compared to other governance issues and in spite of recognition that greater DEI improves decision-making and better outcomes for pension savers.
Consistent with the draft regulations published by DWP, TPR is putting covenant at the heart of setting the level of supportable risk in a journey plan, and the period over which that risk can be taken.