GLOBAL - Institutional investors are set to increase investments in hedge funds in 2011 but demand greater transparency and risk management from the industry, a study finds.

Institutional investors are set to increase investments in hedge funds in 2011 but demand greater transparency and risk management from the industry, a study finds.

Workers on the London Docklands Light Railway have voted to strike over the closure of the final salary pension scheme to new entrants.

UK - The National Employment Savings Trust received more than 150 expressions of interest from asset managers hoping to manage its first five investment funds.

Government should address current insolvency laws to stop pension schemes becoming "super-creditors" following the Nortel and Lehman Brothers ruling, the Confederation of British Industry says.

Contribution rates for the Merseyside Pension Fund will increase to 18.1% after the scheme's triennial valuation revealed a 2 percentage point drop in funding levels.

Companies using the Local Government Pension Scheme as part of council outsourcing deals could be forced to reassess their membership following the triennial valuation, industry figures warn.

The National Employment Savings Trust received more than 150 expressions of interest from asset managers hoping to manage its first five investment funds, PP can reveal.

Pension funds and asset managers belonging to the Institutional Investors Group on Climate Change will be balloted this week to assess their ethical investment performance.

Equity volatility will continue to challenge market stability this year with "mini-crises" likely to derail investment certainty, according to Allianz Global Investors Capital.