NEST, the UK workplace pension fund, has appointed Crescent Capital Group to manage an open-ended mandate investing in secured, first-priority loans to private companies. As part of the agreement, ... UK government-backed pension fund Nest is taking a 10% stake in the parent of Australian investment manager IFM Investors, becoming its first overseas shareholder as it pushes deeper into private ...

Understanding the Context

Nest Corp., the UK’s biggest pension plan by members, has appointed Lombard Odier Investment Managers to run a new ESG equity fund with a target of exceeding $6 billion in assets in the coming years. LONDON, March 16 (Reuters) - The UK government's planned NEST pension scheme, for workers with no pension cover, said it would levy a 2 percent charge on contributions to pay off a start-up loan in a ... Financial Times: UK state-backed fund Nest invests £450mn in US private credit Workplace pension scheme targets 30% allocation to private markets by 2030 despite growing strains on asset class ... The government has responded to its consultation on the draft National Employment Savings Trust (Amendment) Order 2018, and laid it before parliament on Monday.

Key Insights

The Department for Work and Pensions ... Royal London's Steve Webb gives his view on whether Nest should enter the decumulation market. Should a heavily taxpayer-subsidised provider be encouraged to move into new markets before it can stand ...