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Mike O’Brien, co-head of global investment management solutions, JP Morgan Asset Management

A number of different pensions systems around the world have demonstrated that size and scale can drive economies of scale and provide a platform to invest in more optimal investment strategies than just public equities and bonds, thus creating better outcomes for savers. There is a case in favour of scheme consolidation, but there needs to carefully considered parameters and strong governance. In this respect, we can learn from practises adopted by overseas systems.

Financial News asked senior buyside executives would the pension fund industry benefit from scheme consolidation?

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Views from the top: Pension scheme consolidation

Clare Dickinson

Morgan Stanley’s investment bank notches record quarter as stock trading surges

JPMorgan stock traders post record quarter as Trump policies prompt wild market swings

Big bonuses see women fall further behind men at Wall Street investment banks

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

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Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

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