SOUTH KOREA - Morgan Stanley and Credit Suisse have been reportedly named as the National Pension Scheme's (NPS) partners as it aims to diversify its overseas investment portfolio and boost returns.
UK - A new report from the GMB trade union has held the private equity sector responsible for at least £2bn in unfunded pension fund liabilities.
UK - A new platform called BidRoute is set to be launched at the end of this month which aims to create the first automated auction service for portfolio trading.
BIDROUTE is set to launch the first automated auction service for portfolio trading in a move that could massively improve investment efficiency for schemes.
Trustees in threat to Boots deal; Ebay for portfolio trades launches; Unions call for new private equity tax to fill pensions gap
UK PENSION assets will soar by over a quarter to £2trn in 10 years time, a survey by UBS Global Asset Management predicts.
ITALY - Some 80% of Italian companies have stated a company pension scheme is central to employee benefit and reward policy, according to a survey by Watson Wyatt.
US- The California State Teachers' Retirement System (CalSTRS) board has reportedly considered a staff recommendation to appoint an external firm to provide a quantitative risk management analysis of the fund's investment portfolio.
GLOBAL - A total of US$85bn in new institutional assets will be allocated into hedge funds in the next two years, according to a report by Private Equity Intelligence (Prequin).
PAYMENTS to additional voluntary contribution arrangements have doubled over the past two years, latest research by Hewitt Associates reveals.