Investment

NETHERLANDS - APG, the asset management arm of Dutch civil service pension fund ABP, has dismissed two investment professionals for violating the company's code of conduct.

NETHERLANDS - Assets under management of Dutch pension funds increased by 3% during the fourth quarter of 2009 on the back of equity gains, data by the De Nederlandsche Bank (DNB) revealed.

The UK's Debt Management Office realises there is strong demand from institutional investors for index linked and long dated gilt issues but is obliged to balance issuance with the unit's statutory obligation to ensure a transparent and predictable auction...

The Pensions Regulator's hardline stance on enhanced transfer value exercises could leave trustees vulnerable to legal action should an employer fail, a lawyer warns.

CHILE - Chile's Pension Reserve Fund (PRF) and the Economic and Social Stabilization Fund (ESSF) have returned on average 6.9% since their creation in 2006 to December 2009, ministry of finance Andrés Velasco revealed.

The National Association of Pension Funds is set to launch a major review into the standards used for accounting for pensions.

Proposed changes to pension accounting standards have, once again, raised fears across the industry.

Schemes need to go "back to basics" and re-think investment strategies, delegates heard.

KUWAIT -Kuwait Projects Company (KIPCO) has teamed up with Munich Re to launch pensions company Taka'Ud Savings & Pensions, which will tackle the Middle Eastern and North African pension market.

Tom Selby previews the March 11 edition of Professional Pensions.