Investment

The Alberta Investment Management Corp., which manages C$70bn in assets for Alberta pensions and other institutions, is in negotiations to take over UK-based buy out firm Candover.

Schemes are facing serious risks in the aftermath of the Greek economic crisis, Redington says.

Lack of political policy on personal finance sustainability so far has been ‘inexcusable', Fidelity International says.

The general election is likely to result in a hung parliament and the markets face a "corridor of uncertainty" as the parties negotiate the terms of a coalition government, Schroders says.

F&C Asset Management plans to acquire boutique fund group Thames River Capital in a deal worth up to £53.6m.

GLOBAL - Institutional investors' search for managers grew globally by 22% last year and pension funds are likely to show more interest in liability driven investment, data from Mercer revealed.

Institutional investors' search for managers grew globally by 22% last year and pension funds are likely to show more interest in liability driven investment, data from Mercer reveals.

CANADA - The Healthcare of Ontario Pension Plan (HOOPP) has finalised the implementation of an asset liability management (ALM) solution provided by Ortec.

ITALY - A reform of the Italian pension system including auto-enrolment into a mandatory defined contribution fund should be considered in the near future to push Italians to save more for retirement, industry figures said.

The stewardship code for institutional investors must not become tick-box compliance exercise with no tangible benefits for schemes, the National Association of Pension Funds urges.