Investment

Gartmore shares have rebounded after the fallout from the suspension of star manager Guillaume Rambourg knocked its share price in early morning trading.

Gartmore has suspended high profile fund manager Guillaume Rambourg pending the outcome of an internal investigation in relation to trading breaches.

SWEDEN/ISRAEL - Four of the buffer funds in the Swedish pay-as-you-go pension system have cut their ties with an Israeli defense company on ethical grounds.

Professional Pensions has teamed up with Invesco Real Estate to launch the International Property Forum 2010.

UK - The £910m (US$1.4bn) Lincolnshire County Council Pension Fund has hired JLT Benefit Solutions to pursue a manager for a £150m portfolio of alternatives.

Courtaulds has been awarded the National Association of Pension Funds' pension quality mark for its defined contribution group personal pension scheme.

Preparing for auto-enrolment is among The Pension Regulator's top priorities set out in its corporate and business plan 2010-2013.

UK - The average UK pension fund achieved a weighted average return of 14.4% for the year ending December 31, last year, latest BNY Mellon Asset Servicing figures revealed.

The average UK pension fund achieved a weighted average return of 14.4% for the year ending December 31, last year, latest BNY Mellon Asset Servicing figures reveal.

CANADA - Labour unions in Canada are calling on the federal government to double the benefits paid to retired workers.