Investment

UK - The Pension Protection Fund has recruited six global tactical asset allocation managers as part of its statement of investment principles announced earlier in the year.

GLOBAL - The use of fiduciary overlays will differentiate successful institutional asset managers from their competitors over the next three years, a new report has predicted.

The use of fiduciary overlays will differentiate successful institutional asset managers from their competitors over the next three years, a new report predicts.

BlackRock head of European Middle East and Africa institutional business Mike O'Brien has stepped down to pursue interests outside of the fund management industry.

US - Research Affiliates has partnered with Russell Investments to launch a range of fundamental indices in a move that could help it increase its foothold in the US market, Global Pensions has learned.

The EU is facing criticism from asset managers over its plans to raise its part of the €750bn (US$922bn) rescue package for embattled eurozone nations.

The Financial Services Authority has today confirmed the ban on commission for sales in the group personal pension market from January 1, 2013.

The summer review of NEST could see the introduction of a minimum number of employees needed to trigger auto-enrolment, Hewitt Associates says.

GLOBAL - LGT Capital Partners has closed its Crown Global Secondaries II (CGS II) fund after total subscriptions from pension funds and other investors reached US$1.2bn.

The recent falls in the stock market have led to declines in income for DC scheme members. Sebastian Cheek looks at how investors can hedge against future falls