Author profile
US
US - Mercer has acquired US investment consultant Hammond Associates for an undisclosed sum.
24 November 2010
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US
US - Steven Rattner, co-founder of Quadrangle Group, said the settlement sought by New York Attorney General Andrew Cuomo in a pension-fund kickback case is "close to extortion".
24 November 2010
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Appointments
Towers Watson has appointed Chris Ford as head of investment for Europe, Middle East and Africa.
24 November 2010
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Global
GLOBAL - Towers Watson has appointed Chris Ford as head of investment for Europe, Middle East and Africa.
24 November 2010
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Poland
POLAND - Poland is unlikely to suspend mandatory payments to private pension funds and will look for ways to finance the budget deficit that won't "dismantle" the pension system, Prime Minister Donald Tusk said.
23 November 2010
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United Kingdom
UK - Nikko Asset Management has appointed former First State Investments chief executive Charlie Metcalfe as President of its European, Middle East and US operations.
23 November 2010
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US
US - Henry "Hank" Morris, the chief political adviser to former Comptroller of the State of New York Alan Hevesi, has pleaded guilty over his involvement in a pay-to-play kickback scheme.
23 November 2010
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US
US - The Florida Retirement System Pension Plan reported a 14% annual return for the year ending June 30, beating its target by more than two percentage points.
19 November 2010
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US
US - A federal jury has found in favour of pension funds and other institutional investors in a securities fraud class action against BankAtlantic Bancorp.
19 November 2010
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Poland
POLAND - Poland isn't ready to consider suspending payments to private pension funds while it is trying to persuade the European Union to change accounting rules governing such transfers, Finance Minister Jacek Rostowski said.
18 November 2010
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