Foreign & Colonial and Mercury Asset Management have been appointed by the £740m Tate & Lyle pension fund to manage £280m in bonds.

F&C, which secures a £170m mandate from the UK fund, has been roaring ahead this year. This latest appointment, which comes hot on the heels of a £400m fixed income mandate from the giant UK scheme run by Railpen, brings F&C's new business wins to £1bn (€1.6bn) this year.

Juliette Pearse

Tate & Lyle

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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

Some firm leaders have shrugged off deals as unenforceable, while at least one has taken on trade work for the administration with no fanfare.

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The “Taylor Swift tax,” among other levies, targets the rich. Will they be driven away?

Blue States Hunt for Ways to Wring More Taxes From the Wealthy

The S&P 500 and the Nasdaq composite both hit closing highs for a second straight session.

U.S. Stocks Amble to Fresh Records on Optimism for a September Rate Cut

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JD Vance’s English Countryside Vacation: Rolling Hills, Armored SUVs and Cranky Locals

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

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Bank of England Cuts Rates After Tight Vote

The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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White House Preps Order to Punish Banks That Discriminate Against Conservatives

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