Skip To Main Content
Nick Reeve on Muck Rack

Nick Reeve

Verified
Covers:  investment funds, investing, financial services, financial regulations, financial regulation, financial advisory, funds, investment, asset management. pension schemes, retirement,
This account is now dormant and will probably get deleted soon. Try pensionsexpert.bsky.social instead.

Nick Reeve’s Journalist Portfolio

View as a grid

Valuations: Rising to the challenge

Valuations: Rising to the challenge

Investment & Pensions Europe — This year’s programme of triennial actuarial valuations for UK defined benefit (DB) pension schemes looks set to be the most challenging in years. About 15% of the country’s DB schemes will base their formal valuation – a regulatory requirement also used to set contribution rates – on asset prices as of 31 March or 6 April, according to Aon. Because equity and corporate bond prices have crashed in recent weeks as the COVID-19 coronavirus spread and governments and corporations have rushed to react, the funding levels of many schemes are likely to look far more precarious than they did less than six months ago.

Authorities Shed New Light on Wells Fargo Fake Accounts Scandal

Authorities Shed New Light on Wells Fargo Fake Accounts Scandal

Banking Exchange — “I had less stress in the 1991 Gulf War than working for Wells Fargo.” This employee complaint to senior management at Wells Fargo Community Bank is just one of dozens from staff and customers made public in regulatory documents released last week as the bank was fined $3 billion for the fake accounts scandal that first emerged in 2016.

The changing mirror image of UK pensions

The changing mirror image of UK pensions

Pensions Age Magazine — Nick Reeve examines the efforts taken by the pensions industry to represent its increasingly diverse range of savers

In depth: Illiquids in DC

In depth: Illiquids in DC

Corporate Adviser — UK defined benefit funds have long been allocating to what is broadly termed 'alternative' assets. According to the Pension Protection Fund's Purple Book, UK private sector DB funds invested on average 15 per cent of portfolios in alternatives such as real estate and private equity.

Innovating in ESG through ETFs

Innovating in ESG through ETFs

Investment & Pensions Europe — Leading Nordic pension providers are teaming up with asset managers to design and launch ETFs that compliment and help achieve their ESG goals

Size Matters

Size Matters

Pensions Age Magazine — Nick Reeve explores the relationship between the size of the DB scheme and the size of its sponsoring company

A Robot Wants Your Job

A Robot Wants Your Job

Chief Investment Officer — “We have computers giving us inputs today into the investment process, trying to figure out trends in economies or companies,” says Anders Hjælmsø Svennesen, CIO at Danic Pension. “The question is: When will this technology be so good that it can be the decision maker? That’s when it can more or less substitute investment professionals.” But Svennesen is not about to fire his investment team and replace them with cyborgs. That’s all science fiction stuff, anyway. Isn't it?

HSBC's Pension CIO De-Risks on His Own Terms

HSBC's Pension CIO De-Risks on His Own Terms

Chief Investment Officer — An interview with HSBC's then-UK pension CIO Mark Thompson about his approach to DB scheme investment and DC plan design.

News Analysis: Time for quant to prove itself

News Analysis: Time for quant to prove itself

Investment Adviser — There are signs that the handful of computer-driven quantitative investment strategies available to retail investors are starting to regain the stellar performance that made them popular before the financial crisis. But they could be about to be tested again by the changing market cycle.

John Husselbee: Why I'm joining Liontrust

John Husselbee: Why I'm joining Liontrust

Investment Adviser — North Investment Partners founder John Husselbee has said the "huge" regulatory burden he faced was a key factor in his decision to sell the firm to Liontrust.

Giant FSCS levy looms as ARM seller declared 'in default'

Giant FSCS levy looms as ARM seller declared 'in default'

Investment Adviser — Investment intermediaries are facing an extra FSCS levy bill of up to £54m, after the regulator declared a major distributor of ARM Asset Backed Securities in default for compensation purposes.

Sunset for trail closer as FCA backs bulk switching

Sunset for trail closer as FCA backs bulk switching

Investment Adviser — The FCA has opened the door for platforms to convert bundled, commission-paying share classes to unbundled structures without investors' permission, in a move which could accelerate the disappearance of trail commission.

FCA platform paper deals fatal blow to adviser trail

FCA platform paper deals fatal blow to adviser trail

Investment Adviser — The FCA’s long-awaited platform paper last week sounded the death knell for advisers’ legacy commission revenues, with most of the ‘trail’ payments now likely to dry up by 2016, experts said. The regulator ruled that ‘bundled’ rebate payments from fund managers to platforms, which are taken from the clients’ annual management charge, will be banned on new fund sales from April 6 2014.

Kiids have hindered, not helped disclosure: report

Kiids have hindered, not helped disclosure: report

Investment Adviser — Morningstar has called for European rulemakers to make improvements to the key investor information document (Kiid), claiming it has hampered disclosure rather than improved it since its introduction two years ago.

Absolute return funds exit sector

Absolute return funds exit sector

Investment Adviser — Eight funds have quit or been forced out of the IMA Targeted Absolute Return sector and gone to the IMA Specialist sector, following a review of the controversial fund grouping. Funds run by Carmignac Gestion, Polar Capital, BNY Mellon Asset Management, Aviva Investors and Henderson have all exited the sector after either being removed by the trade body or choosing not to meet the sector's more onerous requirements.

Platforms told to boost ETF access to stem portfolio costs

Platforms told to boost ETF access to stem portfolio costs

Investment Adviser — Discretionary fund managers have appealed to platforms to improve access to exchange-traded funds (ETFs) and direct share dealing, claiming they are being forced to make potentially costly changes to their model portfolios.

Adviser warning over bond funds' 'dangerous' hunt for yield

Adviser warning over bond funds' 'dangerous' hunt for yield

Investment Adviser — Advisers have expressed concern that strategic bond fund managers are buying up complex and potentially illiquid asset types in search of income.

Platforms support for 'bundled' adviser charge model

Platforms support for 'bundled' adviser charge model

Investment Adviser — Several major UK platforms have said they would support advisers who want to 'bundle' platform costs with the adviser charge, following the FCA's move to allow such plans in last month's policy statement on payments to platforms. Cofunds, Novia and Ascentric have all said they would be open to negotiating bespoke pricing with advisers that would allow firms to pay a flat fee to a platform and treat it as a cost of business, meaning it is paid for from the adviser charge.

IMA in ‘early stages’ of reviewing risk ratings

IMA in ‘early stages’ of reviewing risk ratings

Investment Adviser — Fund manager trade body the Investment Management Association (IMA) is set to review the industry’s use of risk ratings amid concerns that the lack of industry standards could lead to client confusion. Investment Adviser can reveal the IMA is in the “early stages” of discussions with asset managers over the ratings, under which funds are assigned numbers that are intended to reflect how risky they are. Third parties increasingly supply these evaluations.

Managers reducing duration amid interest rate fears

Managers reducing duration amid interest rate fears

Investment Adviser — Axa Investment Managers' Theo Zemek has warned investors not to touch long-dated bonds as they are more sensitive to movements and rhetoric around interest rates. Bond managers, particularly those running strategic or absolute return mandates, have been shortening duration in recent months, but Axa IM has taken this further with a range of specific short-duration funds and overlays launched in the past three years.

Woolnough: Clients should decide if fund is too big

Woolnough: Clients should decide if fund is too big

Investment Adviser — M&G's star bond manager Richard Woolnough has told investors to make up their own minds about whether his £15bn Optimal Income fund is too big. The fund has grown dramatically in size from £5.7bn at the start of 2012, driven by its increasing popularity in Europe as well as strong performance.

Skandia co-founder Hughes in retail distribution launch

Skandia co-founder Hughes in retail distribution launch

Investment Adviser — Skandia co-founder Spike Hughes is staging a comeback with the launch of Cohesion Investments, which will aim to help institutional fund managers bring their products to the retail intermediary market.

Threadneedle admin change first step towards LV fund mergers

Threadneedle admin change first step towards LV fund mergers

Investment Adviser — Threadneedle's move to switch some of its administration to IFDS from BNY Mellon will be a first step towards a potential merger of some of the funds it acquired from LV Asset Management in 2011.

Pictet to launch review of fund pricing policy

Pictet to launch review of fund pricing policy

Investment Adviser — Pictet Asset Management is launching a review of its fund pricing policy after admitting some of its fees are "a lot higher" than rivals'. The Swiss asset manager has a major presence across Europe, but its inflows in the UK remain relatively modest in spite of stellar performance on some of its theme-based funds.
Show More