Rothschild wins £32m balanced mandate

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).

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It