Baugar puts £44m into HoF pension scheme as part of bid package; Fears grow over rate rise; Private equity industry wins tax fight; Rothschild moves to private equity

JAPAN - Commodities look set to recieve billions of dollars worth of investment from Japanese institutional investors, despite sky-high prices and market uncertainty.

POOLED fund of hedge funds produced a negative median return of -1.2pc in the second quarter of the year, latest figures from Mellon Analytical Solutions reveals.

DENMARK - Steen Svendsen, managing director of Schroders Investment Management Denmark, has joined private equity group SVG Capital as a consultant.

SECURITIES and Exchange Commission's experimentation with hedge fund registration may have a lasting effect on the industry, latest research by Greenwich Associates reveals.

EUROPE - Asset liability management advice is unlikely to become a low skill, commodity business, according to F&C Asset Management.

EMPLOYERS are urging ministers to delay the introduction of age discrimination rules which, they warn, could undermine future pension provision.

US - New York comptroller Alan Hevesi has categorically refuted claims the New York State Pension Fund was on its way to a US$40bn hole due to equity investments.

BMI in union talks over pension contributions; Immigrants who stay in UK for as little as one year eligible for state pension; NPSS practical workings; Hedge funds face risk ratings

Financial services giant Axa is to offer personal finance education to everyone in its occupational defined contribution pension schemes.