Multi-manager

AUSTRALIA - Senator Nick Sherry, minister for superannuation and corporate law has formally launched the Capital Markets Co-operative Research Centre, designed to focus on market manipulation and fraud.

RMB Asset Management has launched a diversified target fund in a bid to help schemes manage funding volatility.

SEI has extended to its defined contribution master trust in a bid to alleviate the burden caused by the growing number of deferred members.

Canadian pension funds were built to last and appear to be surviving the credit crisis. Elizabeth Pfeuti reports from Toronto on this and how increasing commitment to global assets and SRI will affect funds

THE London Borough of Hammersmith & Fulham Superannuation Fund has selected Baring Asset Managemnent and Ruffer to run dynamic asset allocation briefs worth £120m.

Tired of defending their fee structures, multi-managers are joining the push towards greater transparency at the same time as they fend off competition from implemented consulting. Andrew Sheen reports

FundQuest, the multi-manager owned by BNP Paribas, has confirmed to Global Pensions it is considering unbundling its fee structure, following on from the recent acquisition of UK based IMS.

Global Pensions gathered fund of hedge fund experts in London to discuss the outlook for the vehicle following the credit crunch, competition from replication vehicles and complaints of high fees and low transparency

GOODMAN Property Investors has launched an Asia Pacific fund of funds in a bid to target pension scheme demand.

INCLUDING - SWITZERLAND - New CEO for Credit Suisse AM, SWEDEN - AP4, FRANCE - BNP Paribas buys IMS