Rothschild Asset Management (RAM) has been appointed by to run the £32m (€51.2m) pension fund for the Union of Communication Workers (UCW).

The appointment follows a decision by the trustees of the UCW Pensions 2001 scheme to review the existing managers, First State Investments. Bacon & Woodrow was advised the fund, which maintains a strong policy on socially responsible investment (SRI).

Pirkko Juntunen

First State Investments

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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Mexico and Europe are grappling with how to respond to a U.S. administration that is using trade policy for a range of political and economic objectives.

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The short-term rental company now enables guests to book services at its properties. But hosts worry about liability—and not getting a cut.

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Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes

The president again pushed the Fed to lower rates, helping power the S&P 500 and the Nasdaq composite to fresh record closing highs.

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A new group plans to raise at least $20 million to stop the democratic socialist in the city’s mayoral race.

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The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight.

Signatories would benefit from a lower administrative burden and extra legal certainty to prove they comply with the AI Act.

EU Lays Out AI Code of Practice to Guide Companies on Compliance

The latest assault included more drones in a single night than Russia used in the entire month of July last year.

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It’s never been easier to create your own app with ‘vibe coding.’ Now, professional software engineers are bringing it into the enterprise.

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The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to engineer a merger with.

UniCredit Doubles Equity Stake in Commerzbank

UniCredit Doubles Equity Stake in Commerzbank to 20%

President Trump’s latest salvo on trade gives U.S. allies three weeks to persuade Washington to relax tariffs that would be costly for their export-dependent economies.

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An internal investigation uncovered evidence that Linqto customers never owned the securities they thought they did.

Once Popular Pre-IPO Investing Platform Linqto Files for Bankruptcy

Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

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The president rolled out a new deadline, new rates and letters.

Trump Pushes Global Trade War Back to the Top of His Agenda

Asian equities started the week on a downbeat note, as remarks by President Trump stirred up already-tense markets bracing for tariffs to hit dozens of countries this week.

Trump Threatens Extra 10% Tariff on Nations Siding With Brics

A trial began in a long-running lawsuit by Chicago traders who say they were harmed by the exchange’s launch of electronic markets.

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Tesla’s CEO said he created a new political party called the America Party after reigniting a feud with President Trump.

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Companies are getting brutally honest with applicants, warning them of long hours and few boundaries.

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Shares of unprofitable companies have outperformed since early April, and investors are now speculating like it’s 2021.

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Rothschild wins £32m balanced mandate

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