Michael Herskovich was named global head of stewardship at BNP Paribas Asset Management.

TPT Retirement Solutions switched $714 million in equities to low-carbon strategies run by LGIM.

H.I.G. Group and The Pensions Regulator agreed to a $35 million settlement in an anti-avoidance case relating to Silentnight's pension fund.

Generali Group appointed CEOs for Generali Insurance Asset Management and Generali Investments Partners following a reshuffle.

Tracy Jones was named head of fund operations and debt finance at real estate manager AEW.

AP1 reported a net return of 9.7% in 2020, which equated to a gain of $5.9 billion, while assets increased 7.3% for the year.

Varma Mutual Pension Insurance Co. has largely phased out fossil-fuel, coal production and oil exploration-linked investments.

Doug Heron resigned as CEO of Lothian Pension Fund and will leave later this year.

U.K. money managers will turn up the heat in 2021 on ethnic minority representation on company boards and climate-change responses.

Restaurant chain Mitchells & Butlers agreed with the trustees of its U.K. pension funds to delay contributions until April.

Trinity College at University of Cambridge will divest $20 million in fossil fuel-linked investments from its endowment fund this year.

European money managers are adding new expertise to keep fees at the same level.

Varma Mutual Pension Co. achieved an investment return of 2.8% and assets increased by 3% in 2020, despite a tough few quarters.

IK Investment Partners and Luxempart have agreed to acquire minority stakes in iM Global Partner.

Kieran Mistry was named head of non-traditional risk transfer at U.K. consultancy firm Hymans Roberson.

The U.K. Treasury wants views on a proposal to help market participants avoid any litigation resulting from the phaseout of LIBOR.

Listed companies in heavy industries such as aluminum are failing to reduce carbon emissions in efforts to limit global warming.

DB (U.K.) Pension Scheme insured $783 million in liabilities through a buy-in with Legal & General Assurance Society.

Annette Mosman was named CEO and chairwoman of APG Group's executive board effective March 1 — the first female CEO for the firm.

Daniel Klier was named CEO of advisory and data firm Arabesque S-Ray and president of the Arabesque Group, effective in June.