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Legislation
The European Parliament and Council Presidency will meet today to discuss the Alternative Investment Fund Managers directive.
11 October 2010
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US
US - US corporate pension liabilities fell by $29bn in September, resulting in a $67bn increase in the funded status of the top 100 schemes, research by Milliman reveals.
11 October 2010
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US
US - Florida's pension system, the fourth- largest in the US, can afford to cover only 87.9% of the benefits it promised because of losses from the recession since 2008, according to the state's actuaries.
08 October 2010
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US
US - California Governor Arnold Schwarzenegger has reached an agreement with the Service Employees International Union (SEIU).
08 October 2010
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US
US - Former New York State Comptroller Alan Hevesi has pleaded guilty to participating in a pay-to-play scandal while overseeing the $124.8bn New York State Common Retirement Fund.
08 October 2010
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Global
GLOBAL - Pension funds have almost doubled their average allocations to hedge funds since the financial crisis began, research by Preqin found.
07 October 2010
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France
FRANCE - President Nicolas Sarkozy has announced plans to amend France's pension reform to prevent parents who interrupt their careers to raise children from being penalised.
07 October 2010
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US
US - The New York City Employees' Retirement System (NYCERS) has reached a settlement of its securities class action against Apple over claims of improper stock options backdating practices.
07 October 2010
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Risk Management
Risk parity is being hailed by some as an effective way of reducing risk without sacrificing returns, while others warn such promises are an illusion. Chris Panteli finds out more
07 October 2010
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Denmark
DENMARK - Danish pension fund managers ATP and LD could be allowed to offer banking, mortgage and insurance products under proposals put forward by the government yesterday.
06 October 2010
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