Investment

CANADA - The Ontario Teachers' Pension Plan (OTPP) is facing a C$17.1bn (US$17.04bn) funding shortfall despite outperforming its benchmark and generating a 13% return in 2009.

US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund Manager...

EUROPE - Pension funds across Europe are still moving away from equities despite improving market conditions, Mercer research found.

Gartmore Investment Management and Hermes Fund Managers have combined their private equity fund of funds businesses, to form a new company called Hermes GPE.

Railpen Investments has restructured its investment team following the appointment of Frank Johnson as managing director.

BNP Paribas Investment Partners and Fortis Investments have completed their merger.

The Confederation of British Industry has called for a shift to a ‘notional defined contribution' model - effectively pay-as-you-go DC - to tackle the £1trn unfunded public sector pensions deficit.

The Serious Fraud Office has been accused of ignoring fresh leads in the £52m GP Noble case by an Australian news network that discovered Tony Morris living in luxury in Sydney.

Sebastian Cheek previews the April 1 edition of Professional Pensions.

Roger Guy has hit out at the company's "excessive" internal compliance rules which he blames for the suspension of his management partner Guillaume Rambourg this week.